{smcl}
{com}{sf}{ul off}{txt}{.-}
      name:  {res}<unnamed>
       {txt}log:  {res}K:\Melusky\concentrated powers.05-16-11.JOP.smcl
  {txt}log type:  {res}smcl
 {txt}opened on:  {res}18 May 2011, 12:15:04
{txt}
{com}. 
. 
. 
. 
.  * OPEN "COLLECTIVE WISDOM" DATA SET
.   
.     use "K:\Melusky\concentrated powers.05-16-11.JOP.dta", clear
{txt}
{com}.   
. 
. 
. 
. ************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
. 
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. *
. *
. xtsum  pctchrealpcgenexpend  l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.uerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  bindingforecast  dividedgov balbudrestriction termlimlameduck govelection ecpartial ecfull govbudfull govforepower govbudfullgfp l1.statenatdiffuerate citizenideology legpartisan vetooverridemajority govitemveto if  xtregfull!=.

{txt}Variable         {c |}      Mean   Std. Dev.       Min        Max {c |}    Observations
{hline 17}{c +}{hline 44}{c +}{hline 16}
pctchr..{col 10}overall {c |} {res} 3.031602   4.607129   -20.7373     28.953{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .7142087   .4874847   4.820125{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 4.552502  -20.30685   28.91047{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
L.pctc~e{col 10}overall {c |} {res} 1.909286   2.125241  -13.08878   9.642994{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .3338317   .4465951   2.511714{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 2.099364  -12.25752   9.569237{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
L.pct~id{col 10}overall {c |} {res} 3.038438   10.12197   -142.203   156.0322{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .8374449   1.529672   5.549037{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 10.08793  -141.4636   156.7717{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
L.uerate{col 10}overall {c |} {res} 5.371476   1.651619        2.3       13.4{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} 1.066747   3.214286   8.147619{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 1.269486   1.823857   10.64608{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
bienniel{col 10}overall {c |} {res} .4038095    .490894          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .4793134          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .1249631  -.4533333    1.35619{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
govparty{col 10}overall {c |} {res} -.047619   .9897564         -1          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .4665695         -1          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .8752606  -1.666667   1.571429{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
pctsal~v{col 10}overall {c |} {res} .2309971    .111449          0   .5035875{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .1108522          0   .4757427{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .0191559    .154058   .3359513{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
econgr~y{col 10}overall {c |} {res}  1.75103    1.15642   .0460759   10.85384{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .5958828    1.11066   4.943873{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .9944856  -1.935969   7.661002{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
real_l~_{col 10}overall {c |} {res} 23765.34    20388.5          0   111678.9{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} 20003.73   117.4768   84220.24{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 4813.616  -10099.61   64287.57{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
pctsco~d{col 10}overall {c |} {res} .5124244   .1931594    .111111          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .1825376    .126984     .94709{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .0680136   .2157501   .6771072{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
bindin~t{col 10}overall {c |} {res} .4142857    .492833          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .4689686          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .1647605  -.4904762   1.033333{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
divide~v{col 10}overall {c |} {res} .5933333   .4914457          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .2386214   .0952381          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .4308879  -.3114286   1.498095{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
balbud~n{col 10}overall {c |} {res} .5628571   .4962696          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .4985694          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .0495107        .42       1.42{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
termli..{col 10}overall {c |} {res} .2704762   .4444175          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .2019022          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .3968874  -.3009524   1.175238{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
govele~n{col 10}overall {c |} {res}  .252381   .4345856          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .0492904   .2380952   .4761905{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res}  .431835  -.2238095   1.014286{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
ecpart~l{col 10}overall {c |} {res} .6752381    .468509          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .3642716          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .2988926  -.2771429       1.58{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
ecfull{col 10}overall {c |} {res} .1457143   .3529877          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .3153426          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .1644848  -.7590476   1.002857{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
govbud~l{col 10}overall {c |} {res} .7828571   .4124971          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .3031847          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res}  .282817  -.1695238   1.592381{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
govfor~r{col 10}overall {c |} {res} .1838095   .3875134          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .3665916          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .1354233  -.1019048    1.13619{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
govbud~p{col 10}overall {c |} {res} .1457143   .3529877          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .3153426          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .1644848  -.7590476   1.002857{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
L.s~rate{col 10}overall {c |} {res}-.2094762   1.483539       -4.9        6.4{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} 1.066747  -2.366667   2.566667{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 1.041459  -3.457095    4.47108{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
citize~y{col 10}overall {c |} {res} 49.92888   14.90397   8.449893   95.97168{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} 13.69908   25.95104   81.64225{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 6.167773   22.59327   70.40856{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
legpar~n{col 10}overall {c |} {res} .1361905    .841899         -1          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .6605306         -1          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .5299167  -1.768571   1.945714{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
vetoov~y{col 10}overall {c |} {res} .1352381   .3421407          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .2401968          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .2458978  -.6266667   1.087619{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
govite~o{col 10}overall {c |} {res}  .852381    .354891          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .3255726          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .1482263        -.1   1.757143{txt} {c |}     T =      21

{com}. 
. *
. *
. *
. *
. 
. summarize  pctchrealpcgenexpend if xtregfull!=. , detail

                    {txt}pctchrealpcgenexpend
{hline 61}
      Percentiles      Smallest
 1%    {res}-8.247863       -20.7373
{txt} 5%    {res}-3.717406      -18.88127
{txt}10%    {res}-2.110766      -14.65608       {txt}Obs         {res}       1050
{txt}25%    {res} .4040174      -13.33276       {txt}Sum of Wgt. {res}       1050

{txt}50%    {res} 2.822493                      {txt}Mean          {res} 3.031602
                        {txt}Largest       Std. Dev.     {res} 4.607129
{txt}75%    {res} 5.656259       19.92515
{txt}90%    {res} 8.330685       25.93654       {txt}Variance      {res} 21.22564
{txt}95%    {res} 10.41414       26.50195       {txt}Skewness      {res} .2086218
{txt}99%    {res} 14.71839         28.953       {txt}Kurtosis      {res} 6.451497
{txt}
{com}. 
. 
. *
. *
. *
. *
. *
. *
. *
. *
. *
. *
. *
. *
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. * AGGREGATE MODEL ANALYSIS *
. 
. 
. 
. tabulate ecpartial if xtregfull!=.

  {txt}ecpartial {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        341       32.48       32.48
{txt}          1 {c |}{res}        709       67.52      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. * 
. tabulate ecfull if xtregfull!=.

     {txt}ecfull {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        897       85.43       85.43
{txt}          1 {c |}{res}        153       14.57      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. *
. *
. *
. tabulate govbudfull if xtregfull!=.

 {txt}govbudfull {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        228       21.71       21.71
{txt}          1 {c |}{res}        822       78.29      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. *
. tabulate govforepower if xtregfull!=.

{txt}govforepowe {c |}
          r {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        857       81.62       81.62
{txt}          1 {c |}{res}        193       18.38      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. *
. tabulate govbudfullgfp if xtregfull!=.

{txt}govbudfullg {c |}
         fp {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        897       85.43       85.43
{txt}          1 {c |}{res}        153       14.57      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. 
. 
. 
. 
. *** DISAGGREGATED BY PARTISAN (DEMOCRATIC VERSUS REPUBLICAN) GOVERNORS) [TABLE 2] ***
. 
. 
. tabulate ecpartial if govparty==1 & xtregfull!=.

  {txt}ecpartial {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        178       36.33       36.33
{txt}          1 {c |}{res}        312       63.67      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}        490      100.00
{txt}
{com}. *
. tabulate ecpartial if govparty==-1 & xtregfull!=.

  {txt}ecpartial {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        159       29.44       29.44
{txt}          1 {c |}{res}        381       70.56      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}        540      100.00
{txt}
{com}. *
. *
. tabulate ecfull if govparty==1 & xtregfull!=.

     {txt}ecfull {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        400       81.63       81.63
{txt}          1 {c |}{res}         90       18.37      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}        490      100.00
{txt}
{com}. *
. tabulate ecfull if govparty==-1 & xtregfull!=.

     {txt}ecfull {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        481       89.07       89.07
{txt}          1 {c |}{res}         59       10.93      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}        540      100.00
{txt}
{com}. *
. *
. tabulate govbudfull if govparty==1 & xtregfull!=.

 {txt}govbudfull {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        112       22.86       22.86
{txt}          1 {c |}{res}        378       77.14      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}        490      100.00
{txt}
{com}. *
. tabulate govbudfull if govparty==-1 & xtregfull!=.

 {txt}govbudfull {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        116       21.48       21.48
{txt}          1 {c |}{res}        424       78.52      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}        540      100.00
{txt}
{com}. *
. *
. tabulate govforepower if govparty==1 & xtregfull!=. 

{txt}govforepowe {c |}
          r {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        376       76.73       76.73
{txt}          1 {c |}{res}        114       23.27      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}        490      100.00
{txt}
{com}. *
. tabulate govforepower if govparty==-1 & xtregfull!=.

{txt}govforepowe {c |}
          r {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        465       86.11       86.11
{txt}          1 {c |}{res}         75       13.89      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}        540      100.00
{txt}
{com}. *
. *
. tabulate govbudfullgfp if govparty==1 & xtregfull!=.

{txt}govbudfullg {c |}
         fp {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        400       81.63       81.63
{txt}          1 {c |}{res}         90       18.37      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}        490      100.00
{txt}
{com}. *
. tabulate govbudfullgfp if govparty==-1 & xtregfull!=. 

{txt}govbudfullg {c |}
         fp {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        481       89.07       89.07
{txt}          1 {c |}{res}         59       10.93      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}        540      100.00
{txt}
{com}. 
. 
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. 
. **** DESCRIPTIVE STATISTICS: ALL OBSERVATIONS (N*T = 1050)
. 
. xtsum pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  ecpartial ecfull bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto if xtregfull!=.

{txt}Variable         {c |}      Mean   Std. Dev.       Min        Max {c |}    Observations
{hline 17}{c +}{hline 44}{c +}{hline 16}
pctchr..{col 10}overall {c |} {res} 3.031602   4.607129   -20.7373     28.953{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .7142087   .4874847   4.820125{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 4.552502  -20.30685   28.91047{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
L.pctc~e{col 10}overall {c |} {res} 1.909286   2.125241  -13.08878   9.642994{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .3338317   .4465951   2.511714{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 2.099364  -12.25752   9.569237{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
L.pct~id{col 10}overall {c |} {res} 3.038438   10.12197   -142.203   156.0322{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .8374449   1.529672   5.549037{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 10.08793  -141.4636   156.7717{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
L.s~rate{col 10}overall {c |} {res}-.2094762   1.483539       -4.9        6.4{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} 1.066747  -2.366667   2.566667{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 1.041459  -3.457095    4.47108{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
bienniel{col 10}overall {c |} {res} .4038095    .490894          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .4793134          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .1249631  -.4533333    1.35619{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
govparty{col 10}overall {c |} {res} -.047619   .9897564         -1          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .4665695         -1          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .8752606  -1.666667   1.571429{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
pctsal~v{col 10}overall {c |} {res} .2309971    .111449          0   .5035875{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .1108522          0   .4757427{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .0191559    .154058   .3359513{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
econgr~y{col 10}overall {c |} {res}  1.75103    1.15642   .0460759   10.85384{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .5958828    1.11066   4.943873{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .9944856  -1.935969   7.661002{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
real_l~_{col 10}overall {c |} {res} 23765.34    20388.5          0   111678.9{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} 20003.73   117.4768   84220.24{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 4813.616  -10099.61   64287.57{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
pctsco~d{col 10}overall {c |} {res} .5124244   .1931594    .111111          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .1825376    .126984     .94709{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .0680136   .2157501   .6771072{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
ecpart~l{col 10}overall {c |} {res} .6752381    .468509          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .3642716          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .2988926  -.2771429       1.58{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
ecfull{col 10}overall {c |} {res} .1457143   .3529877          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .3153426          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .1644848  -.7590476   1.002857{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
bindin~t{col 10}overall {c |} {res} .4142857    .492833          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .4689686          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .1647605  -.4904762   1.033333{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
termli..{col 10}overall {c |} {res} .2704762   .4444175          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .2019022          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .3968874  -.3009524   1.175238{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
govele~n{col 10}overall {c |} {res}  .252381   .4345856          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .0492904   .2380952   .4761905{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res}  .431835  -.2238095   1.014286{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
divide~v{col 10}overall {c |} {res} .5933333   .4914457          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .2386214   .0952381          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .4308879  -.3114286   1.498095{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
balbud~n{col 10}overall {c |} {res} .5628571   .4962696          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .4985694          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .0495107        .42       1.42{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
citize~y{col 10}overall {c |} {res} 49.92888   14.90397   8.449893   95.97168{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} 13.69908   25.95104   81.64225{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} 6.167773   22.59327   70.40856{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
legpar~n{col 10}overall {c |} {res} .1361905    .841899         -1          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .6605306         -1          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .5299167  -1.768571   1.945714{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
vetoov~y{col 10}overall {c |} {res} .1352381   .3421407          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .2401968          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .2458978  -.6266667   1.087619{txt} {c |}     T =      21
{col 18}{c |}{col 63}{c |}
govite~o{col 10}overall {c |} {res}  .852381    .354891          0          1{txt} {c |}{col 69}N =    1050
{col 10}between {c |}{col 31}{res} .3255726          0          1{txt} {c |}{col 69}n =      50
{col 10}within  {c |}{col 31}{res} .1482263        -.1   1.757143{txt} {c |}     T =      21

{com}. 
. 
. 
. **** DESCRIPTIVE STATISTICS: DEMOCRATIC GOVERNORS ONLY (N*T = 490)
. 
. xtsum pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  ecpartial ecfull bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto if govparty==1 & xtregfull!=.

{txt}Variable         {c |}      Mean   Std. Dev.       Min        Max {c |}    Observations
{hline 17}{c +}{hline 44}{c +}{hline 16}
pctchr..{col 10}overall {c |} {res} 3.300886   4.587241  -14.65608   26.50195{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} 1.843427   .5048635   8.476255{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res}  4.34259  -15.56355   25.52381{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
L.pctc~e{col 10}overall {c |} {res} 1.869805   2.202992  -13.08878   8.787356{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .9576171   -.263572   4.350408{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} 2.050083  -11.36189   9.679734{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
L.pct~id{col 10}overall {c |} {res}  3.32769   12.44052   -142.203   156.0322{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} 2.497793  -.9019797    10.8742{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} 12.27755  -142.7483   155.4869{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
L.s~rate{col 10}overall {c |} {res}-.1471599   1.607397       -4.9        6.3{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} 1.234934    -3.4375      2.625{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} 1.052577   -3.54716    4.11502{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
bienniel{col 10}overall {c |} {res} .4204082    .494129          0          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .4821536          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .1210023  -.4545918   1.357908{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
govparty{col 10}overall {c |} {res}        1          0          1          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res}        0          1          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res}        0          1          1{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
pctsal~v{col 10}overall {c |} {res} .2244029   .1230672          0   .5019653{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .1130413          0   .4757427{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .0166678   .1708829   .2904961{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
econgr~y{col 10}overall {c |} {res} 1.709503   1.159612   .0875883   10.85384{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .7502942   .7919081   5.674011{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .9637935  -2.707634   6.934037{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
real_l~_{col 10}overall {c |} {res} 23719.85   19251.62          0   111678.9{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res}  22009.9   105.9241   107174.5{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} 3646.044   10115.01   61899.58{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
pctsco~d{col 10}overall {c |} {res} .4999596    .204919    .111111    .888889{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .1851689    .111111    .888889{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .0647288   .2301182   .6976723{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
ecpart~l{col 10}overall {c |} {res} .6367347   .4814319          0          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res}  .411501          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .2695176  -.3007653   1.559812{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
ecfull{col 10}overall {c |} {res} .1836735   .3876134          0          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .3447972          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .1489254  -.7210884   .8503401{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
bindin~t{col 10}overall {c |} {res} .4612245   .4990036          0          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .4762956          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .1738017  -.3165533   1.127891{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
termli..{col 10}overall {c |} {res}  .277551   .4482483          0          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .2477127          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res}  .379677   -.522449   1.200628{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
govele~n{col 10}overall {c |} {res} .2530612   .4352101          0          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .0693295         .2         .5{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res}  .430164  -.2469388   1.053061{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
divide~v{col 10}overall {c |} {res} .5306122    .499572          0          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .4447641          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .2710159  -.3924647   1.354142{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
balbud~n{col 10}overall {c |} {res}  .555102   .4974624          0          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res}  .501328          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res}        0    .555102    .555102{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
citize~y{col 10}overall {c |} {res} 50.82935   15.02409   8.449893   95.97168{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} 14.23957   28.91634   89.77184{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} 6.181018   24.80124   70.99939{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
legpar~n{col 10}overall {c |} {res}  .255102   .7873128         -1          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .6843666         -1          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .4385456  -1.328231   2.101256{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
vetoov~y{col 10}overall {c |} {res} .0938776   .2919564          0          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .2448507          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .1821693  -.7061224   1.016954{txt} {c |}     T = 10.2083
{col 18}{c |}{col 63}{c |}
govite~o{col 10}overall {c |} {res} .8530612   .3544067          0          1{txt} {c |}{col 69}N =     490
{col 10}between {c |}{col 31}{res} .3194375          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .1219958  -.0358277   1.630839{txt} {c |}     T = 10.2083

{com}. 
. 
. 
. **** DESCRIPTIVE STATISTICS: REPUBLICAN GOVERNORS ONLY (N*T = 540)
. 
. xtsum pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  ecpartial ecfull bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto if govparty==-1 & xtregfull!=.

{txt}Variable         {c |}      Mean   Std. Dev.       Min        Max {c |}    Observations
{hline 17}{c +}{hline 44}{c +}{hline 16}
pctchr..{col 10}overall {c |} {res} 2.755072   4.645278   -20.7373     28.953{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} 1.174324   .1925098   5.317239{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} 4.525961  -20.58338   26.70699{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
L.pctc~e{col 10}overall {c |} {res} 1.925318   2.054937  -3.739918   9.642994{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .7220512  -.5408829   3.018029{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} 1.975226  -3.710296   9.183022{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
L.pct~id{col 10}overall {c |} {res} 2.722544   7.608386  -28.10239   52.19802{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} 2.037351  -4.149779   6.186747{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} 7.436626  -26.70045   51.17482{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
L.s~rate{col 10}overall {c |} {res}-.2659877   1.373146       -3.9        6.4{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} 1.158475  -2.352778   3.633333{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .8694999  -2.424811   2.500679{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
bienniel{col 10}overall {c |} {res} .3740741   .4843316          0          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .4797826          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .1009446  -.4259259   1.220228{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
govparty{col 10}overall {c |} {res}       -1          0         -1         -1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res}        0         -1         -1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res}        0         -1         -1{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
pctsal~v{col 10}overall {c |} {res} .2384933   .0996587          0   .5035875{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .1038476          0   .4650839{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .0169089   .1763193   .2884798{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
econgr~y{col 10}overall {c |} {res}  1.78264   1.155616   .0460759    7.20682{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .6317756   .7397315   4.651817{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .9376484  -.7061457   5.218919{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
real_l~_{col 10}overall {c |} {res} 23905.11   21654.28          0   107382.6{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res}  19900.1   126.1413   77698.46{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} 4701.324  -2786.616   54240.65{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
pctsco~d{col 10}overall {c |} {res} .5255842   .1818435    .111111          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .1725497   .1777776     .94709{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .0485883   .2576106   .6537901{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
ecpart~l{col 10}overall {c |} {res} .7055556   .4562152          0          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .3803256          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .2593612  -.2319444   1.330556{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
ecfull{col 10}overall {c |} {res} .1092593   .3122535          0          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .2951046          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res}  .136459  -.5157407   .9981481{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
bindin~t{col 10}overall {c |} {res} .3648148   .4818245          0          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .4902545          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .0677027  -.4587146   .5412854{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
termli..{col 10}overall {c |} {res} .2666667   .4426267          0          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .2439124          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .3800538        -.4   1.171429{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
govele~n{col 10}overall {c |} {res} .2518519   .4344791          0          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .0521457         .2         .5{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .4318809  -.2481481   1.051852{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
divide~v{col 10}overall {c |} {res} .6351852   .4818245          0          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .3894147          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res}  .289657  -.3023148   1.539947{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
balbud~n{col 10}overall {c |} {res} .5611111   .4967115          0          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .4975683          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .0672478   .3736111   1.373611{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
citize~y{col 10}overall {c |} {res}  48.8617   14.84294   9.250916   93.28172{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} 14.44339   24.12624    86.5469{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} 5.265427   30.47531   67.01257{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
legpar~n{col 10}overall {c |} {res} .0481481   .8814183         -1          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .7484177         -1          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .4807487  -1.770034   1.684512{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
vetoov~y{col 10}overall {c |} {res} .1592593    .366257          0          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .3239564          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .2244461  -.7819172   1.082336{txt} {c |}     T =   11.25
{col 18}{c |}{col 63}{c |}
govite~o{col 10}overall {c |} {res} .8611111   .3461512          0          1{txt} {c |}{col 69}N =     540
{col 10}between {c |}{col 31}{res} .3571468          0          1{txt} {c |}{col 69}n =      48
{col 10}within  {c |}{col 31}{res} .1268786   .0918803   1.261111{txt} {c |}     T =   11.25

{com}. 
. 
. 
. 
. 
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
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. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
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. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. ********* II.A AGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE 1 - MODEL 1 (ECPARTIAL, ECFULL: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY) **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  ecpartial ecfull bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}     1050
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       50

{txt}R-sq:  within  = {res}0.1058                         {txt}Obs per group: min = {res}       21
{txt}       between = {res}0.0463                                        {txt}avg = {res}     21.0
{txt}       overall = {res}0.0374                                        {txt}max = {res}       21

{col 49}{help j_robustsingular##|_new:F(19,49)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.8225                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:50} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .2240878{col 26}{space 2} .0948879{col 37}{space 1}    2.36{col 46}{space 3}0.022{col 54}{space 4} .0334033{col 67}{space 3} .4147722
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}  .053616{col 26}{space 2} .0126343{col 37}{space 1}    4.24{col 46}{space 3}0.000{col 54}{space 4} .0282265{col 67}{space 3} .0790055
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.7060165{col 26}{space 2} .1430768{col 37}{space 1}   -4.93{col 46}{space 3}0.000{col 54}{space 4}-.9935401{col 67}{space 3} -.418493
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2}-.9827988{col 26}{space 2} .6504033{col 37}{space 1}   -1.51{col 46}{space 3}0.137{col 54}{space 4}-2.289833{col 67}{space 3} .3242355
{txt}{space 4}govparty {c |}{col 14}{res}{space 2}  .323511{col 26}{space 2} .1776856{col 37}{space 1}    1.82{col 46}{space 3}0.075{col 54}{space 4}-.0335615{col 67}{space 3} .6805835
{txt}pctsalesta~v {c |}{col 14}{res}{space 2}  16.6178{col 26}{space 2} 6.833212{col 37}{space 1}    2.43{col 46}{space 3}0.019{col 54}{space 4} 2.885945{col 67}{space 3} 30.34965
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.3036125{col 26}{space 2}  .130856{col 37}{space 1}   -2.32{col 46}{space 3}0.025{col 54}{space 4}-.5665774{col 67}{space 3}-.0406476
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000327{col 26}{space 2} .0000192{col 37}{space 1}    1.70{col 46}{space 3}0.095{col 54}{space 4}-5.86e-06{col 67}{space 3} .0000712
{txt}pctscorefi~d {c |}{col 14}{res}{space 2} -3.27187{col 26}{space 2} 1.862635{col 37}{space 1}   -1.76{col 46}{space 3}0.085{col 54}{space 4}-7.014975{col 67}{space 3} .4712355
{txt}{space 3}ecpartial {c |}{col 14}{res}{space 2} 1.230682{col 26}{space 2} .4791407{col 37}{space 1}    2.57{col 46}{space 3}0.013{col 54}{space 4} .2678127{col 67}{space 3} 2.193551
{txt}{space 6}ecfull {c |}{col 14}{res}{space 2}  1.28739{col 26}{space 2} 1.196459{col 37}{space 1}    1.08{col 46}{space 3}0.287{col 54}{space 4}-1.116984{col 67}{space 3} 3.691763
{txt}bindingfor~t {c |}{col 14}{res}{space 2}-.1661071{col 26}{space 2} .6890192{col 37}{space 1}   -0.24{col 46}{space 3}0.811{col 54}{space 4}-1.550743{col 67}{space 3} 1.218529
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .6909791{col 26}{space 2} .3533443{col 37}{space 1}    1.96{col 46}{space 3}0.056{col 54}{space 4} -.019093{col 67}{space 3} 1.401051
{txt}{space 1}govelection {c |}{col 14}{res}{space 2}-.1561073{col 26}{space 2} .2857738{col 37}{space 1}   -0.55{col 46}{space 3}0.587{col 54}{space 4}-.7303912{col 67}{space 3} .4181766
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2}-.1749144{col 26}{space 2} .3298788{col 37}{space 1}   -0.53{col 46}{space 3}0.598{col 54}{space 4}-.8378308{col 67}{space 3} .4880019
{txt}balbudrest~n {c |}{col 14}{res}{space 2}-2.493111{col 26}{space 2} .6654958{col 37}{space 1}   -3.75{col 46}{space 3}0.000{col 54}{space 4}-3.830475{col 67}{space 3}-1.155747
{txt}citizenide~y {c |}{col 14}{res}{space 2}-.0040458{col 26}{space 2} .0212935{col 37}{space 1}   -0.19{col 46}{space 3}0.850{col 54}{space 4}-.0468367{col 67}{space 3} .0387451
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2}  .319612{col 26}{space 2} .2866518{col 37}{space 1}    1.11{col 46}{space 3}0.270{col 54}{space 4}-.2564365{col 67}{space 3} .8956604
{txt}vetooverri~y {c |}{col 14}{res}{space 2}-.3472764{col 26}{space 2} .3419676{col 37}{space 1}   -1.02{col 46}{space 3}0.315{col 54}{space 4}-1.034486{col 67}{space 3} .3399332
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .4555251{col 26}{space 2} .8113238{col 37}{space 1}    0.56{col 46}{space 3}0.577{col 54}{space 4}-1.174891{col 67}{space 3} 2.085941
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .5252174{col 26}{space 2}  2.23117{col 37}{space 1}    0.24{col 46}{space 3}0.815{col 54}{space 4}-3.958486{col 67}{space 3} 5.008921
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res}  2.446205
{txt}     sigma_e {c |} {res} 4.4539829
{txt}         rho {c |} {res} .23173829{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17} 1050{col 25}-3080.846{col 37}-3022.153{col 48}   19{col 57} 6082.306{col 69}  6176.48
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test ecpartial = ecfull

{p 0 7}{space 1}{text:( 1)}{space 1} {res}ecpartial - ecfull = 0{p_end}

{txt}       F(  1,    49) ={res}    0.00
{txt}{col 13}Prob > F ={res}    0.9585
{txt}
{com}. 
. *
. *
. *
. *
. *
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- ABSENCE OF UNILATERAL EXECUTIVE FISCAL POLICY CONTROL -- GIVEN ECPARTIAL = 0, ECFULL = 0; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons + 1.909286*l1.pctchrealpercapincome + 3.038438*l1.pctchrealpercapfedaid + -0.2257*l1.statenatdiffuerate + 0.4038095*bienniel + -0.047619*govparty + 0.2309971*pctsalestaxrev + 1.75103*econgrowthvolatility + 23765.34*real_leg__salary__avg_  +  0.5088265*pctscorefixed  + 0*ecpartial + 0*ecfull + 0.4142857*bindingforecast + 0.2705*termlimlameduck + 0.25238*govelection + 0.5933*dividedgov  + 0.5628571*balbudrestriction + 49.9289*citizenideology  + 0.136*legpartisan + 0.135*vetooverridemajority + 0.852381*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.909286{res}*{res}L.pctchrealpercapincome + 3.038438{res}*{res}L.pctchrealpercapfedaid - .2257{res}*{res}L.statenatdiffuerate + .4038095{res}*{res}bienniel - .047619{res}*{res}govparty + .2309971{res}*{res}pctsalestaxrev + 1.75103{res}*{res}econgrowthvolatility + 23765.34{res}*{res}real_leg__salary__avg_ + .5088265{res}*{res}pctscorefixed + .4142857{res}*{res}bindingforecast + .2705{res}*{res}termlimlameduck + .25238{res}*{res}govelection + .5933{res}*{res}dividedgov + .5628571{res}*{res}balbudrestriction + 49.9289{res}*{res}citizenideology + .136{res}*{res}legpartisan + .135{res}*{res}vetooverridemajority + .852381{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 2.036278{col 26}{space 2} .4264104{col 37}{space 1}    4.78{col 46}{space 3}0.000{col 54}{space 4} 1.179374{col 67}{space 3} 2.893181
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. *
. *
. *
. *
. *
. *
. 
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- PARTIAL UNILATERAL EXECUTIVE FISCAL POLICY CONTROL  -- ECPARTIAL = 1, ECFULL = 0; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons + 1.909286*l1.pctchrealpercapincome + 3.038438*l1.pctchrealpercapfedaid  + -0.2257*l1.statenatdiffuerate + 0.4038095*bienniel + -0.047619*govparty + 0.2309971*pctsalestaxrev + 1.75103*econgrowthvolatility + 23765.34*real_leg__salary__avg_  + 0.5088265*pctscorefixed  + 1*ecpartial + 0*ecfull + 0.4142857*bindingforecast + 0.2705*termlimlameduck + 0.25238*govelection + 0.5933*dividedgov + 0.5628571*balbudrestriction + 49.9289*citizenideology +  0.136*legpartisan + 0.135*vetooverridemajority + 0.852381*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.909286{res}*{res}L.pctchrealpercapincome + 3.038438{res}*{res}L.pctchrealpercapfedaid - .2257{res}*{res}L.statenatdiffuerate + .4038095{res}*{res}bienniel - .047619{res}*{res}govparty + .2309971{res}*{res}pctsalestaxrev + 1.75103{res}*{res}econgrowthvolatility + 23765.34{res}*{res}real_leg__salary__avg_ + .5088265{res}*{res}pctscorefixed + ecpartial + .4142857{res}*{res}bindingforecast + .2705{res}*{res}termlimlameduck + .25238{res}*{res}govelection + .5933{res}*{res}dividedgov + .5628571{res}*{res}balbudrestriction + 49.9289{res}*{res}citizenideology + .136{res}*{res}legpartisan + .135{res}*{res}vetooverridemajority + .852381{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}  3.26696{col 26}{space 2} .1782845{col 37}{space 1}   18.32{col 46}{space 3}0.000{col 54}{space 4} 2.908684{col 67}{space 3} 3.625236
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. *
. *
. *
. *
. *
. *
. 
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- FULL UNILATERAL EXECUTIVE FISCAL POLICY CONTROL  -- ECPARTIAL = 0, ECFULL = 1; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons + 1.909286*l1.pctchrealpercapincome + 3.038438*l1.pctchrealpercapfedaid  + -0.2257*l1.statenatdiffuerate + 0.4038095*bienniel + -0.047619*govparty + 0.2309971*pctsalestaxrev + 1.75103*econgrowthvolatility + 23765.34*real_leg__salary__avg_  + 0.5088265*pctscorefixed  + 0*ecpartial + 1*ecfull + 0.4142857*bindingforecast + 0.2705*termlimlameduck + 0.25238*govelection + 0.5933*dividedgov + 0.5628571*balbudrestriction + 49.9289*citizenideology + 0.136*legpartisan + 0.135*vetooverridemajority + 0.852381*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.909286{res}*{res}L.pctchrealpercapincome + 3.038438{res}*{res}L.pctchrealpercapfedaid - .2257{res}*{res}L.statenatdiffuerate + .4038095{res}*{res}bienniel - .047619{res}*{res}govparty + .2309971{res}*{res}pctsalestaxrev + 1.75103{res}*{res}econgrowthvolatility + 23765.34{res}*{res}real_leg__salary__avg_ + .5088265{res}*{res}pctscorefixed + ecfull + .4142857{res}*{res}bindingforecast + .2705{res}*{res}termlimlameduck + .25238{res}*{res}govelection + .5933{res}*{res}dividedgov + .5628571{res}*{res}balbudrestriction + 49.9289{res}*{res}citizenideology + .136{res}*{res}legpartisan + .135{res}*{res}vetooverridemajority + .852381{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 3.323667{col 26}{space 2} .9322875{col 37}{space 1}    3.57{col 46}{space 3}0.001{col 54}{space 4} 1.450165{col 67}{space 3} 5.197169
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. *
. *
. *
. 
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. ********* II.B  AGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE 1 - MODEL 2 (ECPARTIAL, ECFULL: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY)  **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  ecpartial ecfull bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto if pctchrealpcgenexpend>=-8.247863 & pctchrealpcgenexpend<=14.71839, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}     1030
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       50

{txt}R-sq:  within  = {res}0.1238                         {txt}Obs per group: min = {res}       19
{txt}       between = {res}0.0503                                        {txt}avg = {res}     20.6
{txt}       overall = {res}0.0495                                        {txt}max = {res}       21

{col 49}{help j_robustsingular##|_new:F(19,49)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.7900                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:50} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}  .280945{col 26}{space 2} .0789711{col 37}{space 1}    3.56{col 46}{space 3}0.001{col 54}{space 4} .1222465{col 67}{space 3} .4396435
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0487613{col 26}{space 2} .0108679{col 37}{space 1}    4.49{col 46}{space 3}0.000{col 54}{space 4} .0269214{col 67}{space 3} .0706011
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.5825304{col 26}{space 2} .1286852{col 37}{space 1}   -4.53{col 46}{space 3}0.000{col 54}{space 4}-.8411331{col 67}{space 3}-.3239278
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2}-.8539595{col 26}{space 2}   .63668{col 37}{space 1}   -1.34{col 46}{space 3}0.186{col 54}{space 4}-2.133416{col 67}{space 3} .4254968
{txt}{space 4}govparty {c |}{col 14}{res}{space 2} .3105278{col 26}{space 2} .1550725{col 37}{space 1}    2.00{col 46}{space 3}0.051{col 54}{space 4} -.001102{col 67}{space 3} .6221576
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 14.34329{col 26}{space 2} 5.721123{col 37}{space 1}    2.51{col 46}{space 3}0.016{col 54}{space 4} 2.846265{col 67}{space 3} 25.84032
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.3010045{col 26}{space 2} .1159246{col 37}{space 1}   -2.60{col 46}{space 3}0.012{col 54}{space 4}-.5339638{col 67}{space 3}-.0680453
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000248{col 26}{space 2} .0000219{col 37}{space 1}    1.13{col 46}{space 3}0.264{col 54}{space 4}-.0000193{col 67}{space 3} .0000689
{txt}pctscorefi~d {c |}{col 14}{res}{space 2}-2.245176{col 26}{space 2} 1.790325{col 37}{space 1}   -1.25{col 46}{space 3}0.216{col 54}{space 4}-5.842968{col 67}{space 3} 1.352617
{txt}{space 3}ecpartial {c |}{col 14}{res}{space 2} .8498639{col 26}{space 2} .4119592{col 37}{space 1}    2.06{col 46}{space 3}0.044{col 54}{space 4} .0220009{col 67}{space 3} 1.677727
{txt}{space 6}ecfull {c |}{col 14}{res}{space 2} 1.237225{col 26}{space 2} .8970042{col 37}{space 1}    1.38{col 46}{space 3}0.174{col 54}{space 4}-.5653726{col 67}{space 3} 3.039822
{txt}bindingfor~t {c |}{col 14}{res}{space 2}  .040264{col 26}{space 2} .6982648{col 37}{space 1}    0.06{col 46}{space 3}0.954{col 54}{space 4}-1.362952{col 67}{space 3}  1.44348
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .2294662{col 26}{space 2} .3433704{col 37}{space 1}    0.67{col 46}{space 3}0.507{col 54}{space 4}-.4605625{col 67}{space 3} .9194948
{txt}{space 1}govelection {c |}{col 14}{res}{space 2}-.1167314{col 26}{space 2} .2667949{col 37}{space 1}   -0.44{col 46}{space 3}0.664{col 54}{space 4}-.6528757{col 67}{space 3}  .419413
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2}-.2235672{col 26}{space 2} .2994067{col 37}{space 1}   -0.75{col 46}{space 3}0.459{col 54}{space 4}-.8252475{col 67}{space 3} .3781132
{txt}balbudrest~n {c |}{col 14}{res}{space 2}-2.282844{col 26}{space 2} .7081278{col 37}{space 1}   -3.22{col 46}{space 3}0.002{col 54}{space 4} -3.70588{col 67}{space 3}-.8598077
{txt}citizenide~y {c |}{col 14}{res}{space 2}-.0138712{col 26}{space 2} .0180216{col 37}{space 1}   -0.77{col 46}{space 3}0.445{col 54}{space 4} -.050087{col 67}{space 3} .0223446
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} .4263406{col 26}{space 2} .2520509{col 37}{space 1}    1.69{col 46}{space 3}0.097{col 54}{space 4}-.0801745{col 67}{space 3} .9328558
{txt}vetooverri~y {c |}{col 14}{res}{space 2}-.3885867{col 26}{space 2} .4093112{col 37}{space 1}   -0.95{col 46}{space 3}0.347{col 54}{space 4}-1.211128{col 67}{space 3}  .433955
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .0264082{col 26}{space 2} .6913169{col 37}{space 1}    0.04{col 46}{space 3}0.970{col 54}{space 4}-1.362845{col 67}{space 3} 1.415662
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} 1.619826{col 26}{space 2} 1.855315{col 37}{space 1}    0.87{col 46}{space 3}0.387{col 54}{space 4} -2.10857{col 67}{space 3} 5.348221
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.0896532
{txt}     sigma_e {c |} {res} 3.8101108
{txt}         rho {c |} {res} .23124042{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17} 1030{col 25}-2871.139{col 37}-2803.049{col 48}   19{col 57} 5644.097{col 69} 5737.906
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test ecpartial = ecfull

{p 0 7}{space 1}{text:( 1)}{space 1} {res}ecpartial - ecfull = 0{p_end}

{txt}       F(  1,    49) ={res}    0.24
{txt}{col 13}Prob > F ={res}    0.6291
{txt}
{com}. 
. 
. 
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. ********* III.A  DISAGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE 1 -  MODEL 3 (GOVBUDFULL, GOVFOREPOWER, GOVBUDFULLGFP: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY) **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  govbudfull govforepower govbudfullgfp bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}     1050
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       50

{txt}R-sq:  within  = {res}0.1059                         {txt}Obs per group: min = {res}       21
{txt}       between = {res}0.0489                                        {txt}avg = {res}     21.0
{txt}       overall = {res}0.0381                                        {txt}max = {res}       21

{col 49}{help j_robustsingular##|_new:F(20,49)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.8197                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:50} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .2228898{col 26}{space 2} .0940655{col 37}{space 1}    2.37{col 46}{space 3}0.022{col 54}{space 4} .0338581{col 67}{space 3} .4119216
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0537023{col 26}{space 2} .0126279{col 37}{space 1}    4.25{col 46}{space 3}0.000{col 54}{space 4} .0283256{col 67}{space 3}  .079079
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.7108559{col 26}{space 2} .1418086{col 37}{space 1}   -5.01{col 46}{space 3}0.000{col 54}{space 4} -.995831{col 67}{space 3}-.4258808
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2}-1.002823{col 26}{space 2} .6608578{col 37}{space 1}   -1.52{col 46}{space 3}0.136{col 54}{space 4}-2.330866{col 67}{space 3} .3252207
{txt}{space 4}govparty {c |}{col 14}{res}{space 2} .3237995{col 26}{space 2} .1782899{col 37}{space 1}    1.82{col 46}{space 3}0.075{col 54}{space 4}-.0344874{col 67}{space 3} .6820865
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 16.65162{col 26}{space 2} 6.816744{col 37}{space 1}    2.44{col 46}{space 3}0.018{col 54}{space 4} 2.952862{col 67}{space 3} 30.35038
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.3048596{col 26}{space 2} .1310705{col 37}{space 1}   -2.33{col 46}{space 3}0.024{col 54}{space 4}-.5682557{col 67}{space 3}-.0414636
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000323{col 26}{space 2} .0000192{col 37}{space 1}    1.69{col 46}{space 3}0.098{col 54}{space 4}-6.22e-06{col 67}{space 3} .0000708
{txt}pctscorefi~d {c |}{col 14}{res}{space 2}-3.196457{col 26}{space 2} 1.892177{col 37}{space 1}   -1.69{col 46}{space 3}0.098{col 54}{space 4}-6.998929{col 67}{space 3} .6060151
{txt}{space 2}govbudfull {c |}{col 14}{res}{space 2} 1.187126{col 26}{space 2} .4943519{col 37}{space 1}    2.40{col 46}{space 3}0.020{col 54}{space 4} .1936891{col 67}{space 3} 2.180564
{txt}govforepower {c |}{col 14}{res}{space 2} 1.656565{col 26}{space 2} 1.350281{col 37}{space 1}    1.23{col 46}{space 3}0.226{col 54}{space 4}-1.056927{col 67}{space 3} 4.370056
{txt}govbudfull~p {c |}{col 14}{res}{space 2}-1.264845{col 26}{space 2} 1.304257{col 37}{space 1}   -0.97{col 46}{space 3}0.337{col 54}{space 4}-3.885847{col 67}{space 3} 1.356158
{txt}bindingfor~t {c |}{col 14}{res}{space 2}-.0437431{col 26}{space 2} .7043975{col 37}{space 1}   -0.06{col 46}{space 3}0.951{col 54}{space 4}-1.459283{col 67}{space 3} 1.371797
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .6820509{col 26}{space 2} .3576535{col 37}{space 1}    1.91{col 46}{space 3}0.062{col 54}{space 4}-.0366808{col 67}{space 3} 1.400782
{txt}{space 1}govelection {c |}{col 14}{res}{space 2} -.157487{col 26}{space 2} .2857414{col 37}{space 1}   -0.55{col 46}{space 3}0.584{col 54}{space 4}-.7317057{col 67}{space 3} .4167318
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2}-.1647547{col 26}{space 2} .3356095{col 37}{space 1}   -0.49{col 46}{space 3}0.626{col 54}{space 4}-.8391873{col 67}{space 3} .5096778
{txt}balbudrest~n {c |}{col 14}{res}{space 2}-2.483592{col 26}{space 2} .6654307{col 37}{space 1}   -3.73{col 46}{space 3}0.000{col 54}{space 4}-3.820825{col 67}{space 3}-1.146359
{txt}citizenide~y {c |}{col 14}{res}{space 2} -.005301{col 26}{space 2} .0216667{col 37}{space 1}   -0.24{col 46}{space 3}0.808{col 54}{space 4}-.0488419{col 67}{space 3}   .03824
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} .3186242{col 26}{space 2} .2863367{col 37}{space 1}    1.11{col 46}{space 3}0.271{col 54}{space 4}-.2567909{col 67}{space 3} .8940393
{txt}vetooverri~y {c |}{col 14}{res}{space 2}-.3265879{col 26}{space 2} .3527587{col 37}{space 1}   -0.93{col 46}{space 3}0.359{col 54}{space 4}-1.035483{col 67}{space 3} .3823074
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2}  .466846{col 26}{space 2} .8079306{col 37}{space 1}    0.58{col 46}{space 3}0.566{col 54}{space 4}-1.156751{col 67}{space 3} 2.090443
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .4591141{col 26}{space 2} 2.276885{col 37}{space 1}    0.20{col 46}{space 3}0.841{col 54}{space 4}-4.116458{col 67}{space 3} 5.034686
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.4206049
{txt}     sigma_e {c |} {res} 4.4559606
{txt}         rho {c |} {res}  .2278572{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17} 1050{col 25}-3080.846{col 37}-3022.083{col 48}   20{col 57} 6084.166{col 69} 6183.297
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test govbudfull = govforepower

{p 0 7}{space 1}{text:( 1)}{space 1} {res}govbudfull - govforepower = 0{p_end}

{txt}       F(  1,    49) ={res}    0.12
{txt}{col 13}Prob > F ={res}    0.7318
{txt}
{com}. 
. 
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- ABSENCE OF UNILATERAL EXECUTIVE FISCAL POLICY CONTROL -- GIVEN GOVBUDFULL = 0, GOVFOREPOWER = 0, GOVBUDFULLGFP = 0; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons + 1.909286*l1.pctchrealpercapincome + 3.038438*l1.pctchrealpercapfedaid + -0.2257*l1.statenatdiffuerate + 0.4038095*bienniel + -0.047619*govparty + 0.2309971*pctsalestaxrev + 1.75103*econgrowthvolatility + 23765.34*real_leg__salary__avg_  +  0.5088265*pctscorefixed  + 0*govbudfull + 0*govforepower + 0*govbudfullgfp + 0.4142857*bindingforecast + 0.2705*termlimlameduck + 0.25238*govelection + 0.5933*dividedgov  + 0.5628571*balbudrestriction + 49.9289*citizenideology  + 0.136*legpartisan + 0.135*vetooverridemajority + 0.852381*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.909286{res}*{res}L.pctchrealpercapincome + 3.038438{res}*{res}L.pctchrealpercapfedaid - .2257{res}*{res}L.statenatdiffuerate + .4038095{res}*{res}bienniel - .047619{res}*{res}govparty + .2309971{res}*{res}pctsalestaxrev + 1.75103{res}*{res}econgrowthvolatility + 23765.34{res}*{res}real_leg__salary__avg_ + .5088265{res}*{res}pctscorefixed + .4142857{res}*{res}bindingforecast + .2705{res}*{res}termlimlameduck + .25238{res}*{res}govelection + .5933{res}*{res}dividedgov + .5628571{res}*{res}balbudrestriction + 49.9289{res}*{res}citizenideology + .136{res}*{res}legpartisan + .135{res}*{res}vetooverridemajority + .852381{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 2.005137{col 26}{space 2} .4275247{col 37}{space 1}    4.69{col 46}{space 3}0.000{col 54}{space 4} 1.145994{col 67}{space 3}  2.86428
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. *
. *
. *
. *
. *
. *
. 
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- PARTIAL UNILATERAL EXECUTIVE FISCAL POLICY CONTROL [BUDGET CONTROL]  -- GIVEN GOVBUDFULL = 1, GOVFOREPOWER = 0, GOVBUDFULLGFP = 0; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons + 1.909286*l1.pctchrealpercapincome + 3.038438*l1.pctchrealpercapfedaid  + -0.2257*l1.statenatdiffuerate + 0.4038095*bienniel + -0.047619*govparty + 0.2309971*pctsalestaxrev + 1.75103*econgrowthvolatility + 23765.34*real_leg__salary__avg_  + 0.5088265*pctscorefixed  + 1*govbudfull + 0*govforepower + 0*govbudfullgfp + 0.4142857*bindingforecast + 0.2705*termlimlameduck + 0.25238*govelection + 0.5933*dividedgov + 0.5628571*balbudrestriction + 49.9289*citizenideology +  0.136*legpartisan + 0.135*vetooverridemajority + 0.852381*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.909286{res}*{res}L.pctchrealpercapincome + 3.038438{res}*{res}L.pctchrealpercapfedaid - .2257{res}*{res}L.statenatdiffuerate + .4038095{res}*{res}bienniel - .047619{res}*{res}govparty + .2309971{res}*{res}pctsalestaxrev + 1.75103{res}*{res}econgrowthvolatility + 23765.34{res}*{res}real_leg__salary__avg_ + .5088265{res}*{res}pctscorefixed + govbudfull + .4142857{res}*{res}bindingforecast + .2705{res}*{res}termlimlameduck + .25238{res}*{res}govelection + .5933{res}*{res}dividedgov + .5628571{res}*{res}balbudrestriction + 49.9289{res}*{res}citizenideology + .136{res}*{res}legpartisan + .135{res}*{res}vetooverridemajority + .852381{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 3.192264{col 26}{space 2} .2213678{col 37}{space 1}   14.42{col 46}{space 3}0.000{col 54}{space 4} 2.747408{col 67}{space 3} 3.637119
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. *
. *
. *
. *
. *
. *
. 
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- PARTIAL UNILATERAL EXECUTIVE FISCAL POLICY CONTROL  [REVENUE FORECAST CONTROL] -- GIVEN GOVBUDFULL = 0, GOVFOREPOWER = 1, GOVBUDFULLGFP = 0; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons + 1.909286*l1.pctchrealpercapincome + 3.038438*l1.pctchrealpercapfedaid  + -0.2257*l1.statenatdiffuerate + 0.4038095*bienniel + -0.047619*govparty + 0.2309971*pctsalestaxrev + 1.75103*econgrowthvolatility + 23765.34*real_leg__salary__avg_  + 0.5088265*pctscorefixed  + 0*govbudfull + 1*govforepower + 0*govbudfullgfp + 0.4142857*bindingforecast + 0.2705*termlimlameduck + 0.25238*govelection + 0.5933*dividedgov + 0.5628571*balbudrestriction + 49.9289*citizenideology + 0.136*legpartisan + 0.135*vetooverridemajority + 0.852381*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.909286{res}*{res}L.pctchrealpercapincome + 3.038438{res}*{res}L.pctchrealpercapfedaid - .2257{res}*{res}L.statenatdiffuerate + .4038095{res}*{res}bienniel - .047619{res}*{res}govparty + .2309971{res}*{res}pctsalestaxrev + 1.75103{res}*{res}econgrowthvolatility + 23765.34{res}*{res}real_leg__salary__avg_ + .5088265{res}*{res}pctscorefixed + govforepower + .4142857{res}*{res}bindingforecast + .2705{res}*{res}termlimlameduck + .25238{res}*{res}govelection + .5933{res}*{res}dividedgov + .5628571{res}*{res}balbudrestriction + 49.9289{res}*{res}citizenideology + .136{res}*{res}legpartisan + .135{res}*{res}vetooverridemajority + .852381{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 3.661702{col 26}{space 2} 1.225643{col 37}{space 1}    2.99{col 46}{space 3}0.004{col 54}{space 4} 1.198681{col 67}{space 3} 6.124723
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. *
. *
. *
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- FULL UNILATERAL EXECUTIVE FISCAL POLICY CONTROL  [BOTH BUDGET & REVENUE FORECAST CONTROL] -- GIVEN GOVBUDFULL = 0, GOVFOREPOWER = 0, GOVBUDFULLGFP = 1; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons + 1.909286*l1.pctchrealpercapincome + 3.038438*l1.pctchrealpercapfedaid  + -0.2257*l1.statenatdiffuerate + 0.4038095*bienniel + -0.047619*govparty + 0.2309971*pctsalestaxrev + 1.75103*econgrowthvolatility + 23765.34*real_leg__salary__avg_  + 0.5088265*pctscorefixed  + 0*govbudfull + 0*govforepower + 1*govbudfullgfp + 0.4142857*bindingforecast + 0.2705*termlimlameduck + 0.25238*govelection + 0.5933*dividedgov + 0.5628571*balbudrestriction + 49.9289*citizenideology + 0.136*legpartisan + 0.135*vetooverridemajority + 0.852381*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.909286{res}*{res}L.pctchrealpercapincome + 3.038438{res}*{res}L.pctchrealpercapfedaid - .2257{res}*{res}L.statenatdiffuerate + .4038095{res}*{res}bienniel - .047619{res}*{res}govparty + .2309971{res}*{res}pctsalestaxrev + 1.75103{res}*{res}econgrowthvolatility + 23765.34{res}*{res}real_leg__salary__avg_ + .5088265{res}*{res}pctscorefixed + govbudfullgfp + .4142857{res}*{res}bindingforecast + .2705{res}*{res}termlimlameduck + .25238{res}*{res}govelection + .5933{res}*{res}dividedgov + .5628571{res}*{res}balbudrestriction + 49.9289{res}*{res}citizenideology + .136{res}*{res}legpartisan + .135{res}*{res}vetooverridemajority + .852381{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} .7402925{col 26}{space 2} 1.426919{col 37}{space 1}    0.52{col 46}{space 3}0.606{col 54}{space 4}-2.127209{col 67}{space 3} 3.607794
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. *
. *
. *
. 
. 
. 
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. ********* III.B  AGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE 1 - MODEL 4 (GOVBUDFULL, GOVFOREPOWER, GOVBUDFULLGFP: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY) **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  govbudfull govforepower govbudfullgfp bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto if pctchrealpcgenexpend>=-8.247863 & pctchrealpcgenexpend<=14.71839, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}     1030
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       50

{txt}R-sq:  within  = {res}0.1241                         {txt}Obs per group: min = {res}       19
{txt}       between = {res}0.0515                                        {txt}avg = {res}     20.6
{txt}       overall = {res}0.0502                                        {txt}max = {res}       21

{col 49}{help j_robustsingular##|_new:F(20,49)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.7875                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:50} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .2795979{col 26}{space 2} .0785696{col 37}{space 1}    3.56{col 46}{space 3}0.001{col 54}{space 4} .1217063{col 67}{space 3} .4374894
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0488744{col 26}{space 2} .0108771{col 37}{space 1}    4.49{col 46}{space 3}0.000{col 54}{space 4} .0270161{col 67}{space 3} .0707327
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.5891019{col 26}{space 2} .1283118{col 37}{space 1}   -4.59{col 46}{space 3}0.000{col 54}{space 4} -.846954{col 67}{space 3}-.3312497
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2} -.880852{col 26}{space 2} .6458542{col 37}{space 1}   -1.36{col 46}{space 3}0.179{col 54}{space 4}-2.178745{col 67}{space 3} .4170405
{txt}{space 4}govparty {c |}{col 14}{res}{space 2} .3107404{col 26}{space 2} .1555556{col 37}{space 1}    2.00{col 46}{space 3}0.051{col 54}{space 4}-.0018603{col 67}{space 3}  .623341
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 14.40249{col 26}{space 2} 5.730126{col 37}{space 1}    2.51{col 46}{space 3}0.015{col 54}{space 4} 2.887374{col 67}{space 3} 25.91761
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.3029586{col 26}{space 2} .1159253{col 37}{space 1}   -2.61{col 46}{space 3}0.012{col 54}{space 4}-.5359191{col 67}{space 3}-.0699981
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000243{col 26}{space 2}  .000022{col 37}{space 1}    1.11{col 46}{space 3}0.273{col 54}{space 4}-.0000198{col 67}{space 3} .0000685
{txt}pctscorefi~d {c |}{col 14}{res}{space 2}-2.140548{col 26}{space 2} 1.820871{col 37}{space 1}   -1.18{col 46}{space 3}0.245{col 54}{space 4}-5.799724{col 67}{space 3} 1.518629
{txt}{space 2}govbudfull {c |}{col 14}{res}{space 2} .7914224{col 26}{space 2} .4184865{col 37}{space 1}    1.89{col 46}{space 3}0.065{col 54}{space 4}-.0495577{col 67}{space 3} 1.632402
{txt}govforepower {c |}{col 14}{res}{space 2} 1.407464{col 26}{space 2} 1.258089{col 37}{space 1}    1.12{col 46}{space 3}0.269{col 54}{space 4}-1.120759{col 67}{space 3} 3.935688
{txt}govbudfull~p {c |}{col 14}{res}{space 2}-.5822089{col 26}{space 2} 1.021079{col 37}{space 1}   -0.57{col 46}{space 3}0.571{col 54}{space 4}-2.634144{col 67}{space 3} 1.469727
{txt}bindingfor~t {c |}{col 14}{res}{space 2} .2001631{col 26}{space 2} .6615724{col 37}{space 1}    0.30{col 46}{space 3}0.764{col 54}{space 4}-1.129316{col 67}{space 3} 1.529643
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .2174293{col 26}{space 2} .3491504{col 37}{space 1}    0.62{col 46}{space 3}0.536{col 54}{space 4}-.4842147{col 67}{space 3} .9190734
{txt}{space 1}govelection {c |}{col 14}{res}{space 2}-.1195947{col 26}{space 2} .2660499{col 37}{space 1}   -0.45{col 46}{space 3}0.655{col 54}{space 4} -.654242{col 67}{space 3} .4150527
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2}-.2094843{col 26}{space 2} .3024173{col 37}{space 1}   -0.69{col 46}{space 3}0.492{col 54}{space 4}-.8172147{col 67}{space 3}  .398246
{txt}balbudrest~n {c |}{col 14}{res}{space 2}-2.271302{col 26}{space 2} .7077286{col 37}{space 1}   -3.21{col 46}{space 3}0.002{col 54}{space 4}-3.693536{col 67}{space 3}-.8490681
{txt}citizenide~y {c |}{col 14}{res}{space 2}-.0154654{col 26}{space 2}   .01812{col 37}{space 1}   -0.85{col 46}{space 3}0.398{col 54}{space 4} -.051879{col 67}{space 3} .0209482
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} .4256772{col 26}{space 2} .2524544{col 37}{space 1}    1.69{col 46}{space 3}0.098{col 54}{space 4} -.081649{col 67}{space 3} .9330033
{txt}vetooverri~y {c |}{col 14}{res}{space 2} -.360454{col 26}{space 2} .4283219{col 37}{space 1}   -0.84{col 46}{space 3}0.404{col 54}{space 4}-1.221199{col 67}{space 3} .5002911
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .0416412{col 26}{space 2} .6880874{col 37}{space 1}    0.06{col 46}{space 3}0.952{col 54}{space 4}-1.341122{col 67}{space 3} 1.424405
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} 1.525969{col 26}{space 2} 1.903619{col 37}{space 1}    0.80{col 46}{space 3}0.427{col 54}{space 4}-2.299496{col 67}{space 3} 5.351434
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.0741114
{txt}     sigma_e {c |} {res}  3.811492
{txt}         rho {c |} {res}  .2284691{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17} 1030{col 25}-2871.139{col 37}-2802.885{col 48}   20{col 57}  5645.77{col 69} 5744.517
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test govbudfull = govforepower

{p 0 7}{space 1}{text:( 1)}{space 1} {res}govbudfull - govforepower = 0{p_end}

{txt}       F(  1,    49) ={res}    0.24
{txt}{col 13}Prob > F ={res}    0.6250
{txt}
{com}. 
. 
. 
. **************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. 
. 
. 
. ********* IV.A  AGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE 2 - MODEL 5 (ECPARTIAL, ECFULL: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY FOR DEMOCRATIC GOVERNORS ONLY) **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  ecpartial ecfull bindingforecast termlimlameduck govelection  dividedgov citizenideology legpartisan vetooverridemajority govitemveto if govparty==1, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}      490
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       48

{txt}R-sq:  within  = {res}0.1889                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.1729                                        {txt}avg = {res}     10.2
{txt}       overall = {res}0.0917                                        {txt}max = {res}       21

                                                {txt}F({res}18{txt},{res}47{txt})           = {res}    17.78
{txt}corr(u_i, Xb)  = {res}-0.7457                        {txt}Prob > F           =    {res}0.0000

{txt}{ralign 78:(Std. Err. adjusted for {res:48} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .3604514{col 26}{space 2} .1350877{col 37}{space 1}    2.67{col 46}{space 3}0.010{col 54}{space 4}   .08869{col 67}{space 3} .6322127
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0486363{col 26}{space 2} .0101082{col 37}{space 1}    4.81{col 46}{space 3}0.000{col 54}{space 4} .0283012{col 67}{space 3} .0689714
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.9862491{col 26}{space 2} .2211603{col 37}{space 1}   -4.46{col 46}{space 3}0.000{col 54}{space 4}-1.431166{col 67}{space 3}-.5413319
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2}-4.341087{col 26}{space 2} 1.007627{col 37}{space 1}   -4.31{col 46}{space 3}0.000{col 54}{space 4} -6.36817{col 67}{space 3}-2.314003
{txt}pctsalesta~v {c |}{col 14}{res}{space 2}  12.9957{col 26}{space 2} 12.13305{col 37}{space 1}    1.07{col 46}{space 3}0.290{col 54}{space 4}-11.41285{col 67}{space 3} 37.40425
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.3869782{col 26}{space 2} .1707203{col 37}{space 1}   -2.27{col 46}{space 3}0.028{col 54}{space 4}-.7304232{col 67}{space 3}-.0435332
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} -.000016{col 26}{space 2} .0000406{col 37}{space 1}   -0.39{col 46}{space 3}0.695{col 54}{space 4}-.0000976{col 67}{space 3} .0000656
{txt}pctscorefi~d {c |}{col 14}{res}{space 2}-3.921182{col 26}{space 2}  3.15035{col 37}{space 1}   -1.24{col 46}{space 3}0.219{col 54}{space 4}-10.25887{col 67}{space 3} 2.416504
{txt}{space 3}ecpartial {c |}{col 14}{res}{space 2} 1.958529{col 26}{space 2} .7140096{col 37}{space 1}    2.74{col 46}{space 3}0.009{col 54}{space 4}  .522127{col 67}{space 3} 3.394931
{txt}{space 6}ecfull {c |}{col 14}{res}{space 2}-.8194123{col 26}{space 2} 1.722587{col 37}{space 1}   -0.48{col 46}{space 3}0.637{col 54}{space 4}-4.284809{col 67}{space 3} 2.645985
{txt}bindingfor~t {c |}{col 14}{res}{space 2}-.5762874{col 26}{space 2} 1.171275{col 37}{space 1}   -0.49{col 46}{space 3}0.625{col 54}{space 4}-2.932588{col 67}{space 3} 1.780013
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .4436556{col 26}{space 2} .4156151{col 37}{space 1}    1.07{col 46}{space 3}0.291{col 54}{space 4}-.3924541{col 67}{space 3} 1.279765
{txt}{space 1}govelection {c |}{col 14}{res}{space 2} -.608141{col 26}{space 2} .4686814{col 37}{space 1}   -1.30{col 46}{space 3}0.201{col 54}{space 4}-1.551006{col 67}{space 3} .3347243
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2} 1.598991{col 26}{space 2} 1.226117{col 37}{space 1}    1.30{col 46}{space 3}0.199{col 54}{space 4}-.8676373{col 67}{space 3}  4.06562
{txt}citizenide~y {c |}{col 14}{res}{space 2}-.0218472{col 26}{space 2} .0183377{col 37}{space 1}   -1.19{col 46}{space 3}0.239{col 54}{space 4}-.0587378{col 67}{space 3} .0150435
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} 1.288797{col 26}{space 2} .8250736{col 37}{space 1}    1.56{col 46}{space 3}0.125{col 54}{space 4} -.371037{col 67}{space 3} 2.948631
{txt}vetooverri~y {c |}{col 14}{res}{space 2}-.5542214{col 26}{space 2} 1.045144{col 37}{space 1}   -0.53{col 46}{space 3}0.598{col 54}{space 4}-2.656779{col 67}{space 3} 1.548336
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .1556292{col 26}{space 2} 1.269072{col 37}{space 1}    0.12{col 46}{space 3}0.903{col 54}{space 4}-2.397414{col 67}{space 3} 2.708672
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} 3.282695{col 26}{space 2} 4.301899{col 37}{space 1}    0.76{col 46}{space 3}0.449{col 54}{space 4}-5.371609{col 67}{space 3}   11.937
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.8449024
{txt}     sigma_e {c |} {res}  4.200137
{txt}         rho {c |} {res} .31449735{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17}  490{col 25} -1414.33{col 37}-1363.043{col 48}   18{col 57} 2762.085{col 69} 2837.585
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test ecpartial = ecfull

{p 0 7}{space 1}{text:( 1)}{space 1} {res}ecpartial - ecfull = 0{p_end}

{txt}       F(  1,    47) ={res}    3.19
{txt}{col 13}Prob > F ={res}    0.0807
{txt}
{com}. 
. *
. *
. *
. *
. *
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- ABSENCE OF UNILATERAL EXECUTIVE FISCAL POLICY CONTROL -- GIVEN ECPARTIAL = 0, ECFULL = 0; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons + 1.869805*l1.pctchrealpercapincome +  3.32769*l1.pctchrealpercapfedaid + -0.1471599*l1.statenatdiffuerate + 0.4204082*bienniel + 0.2244029 *pctsalestaxrev + 1.709503*econgrowthvolatility +  23719.85*real_leg__salary__avg_  +  0.4999596 *pctscorefixed  + 0*ecpartial + 0*ecfull + 0.4612245*bindingforecast + 0.277551*termlimlameduck + 0.2530612*govelection + 0.5306122*dividedgov  +  50.82935*citizenideology  + 0.255102*legpartisan +  0.0938776*vetooverridemajority +  0.8530612*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.869805{res}*{res}L.pctchrealpercapincome + 3.32769{res}*{res}L.pctchrealpercapfedaid - .1471599{res}*{res}L.statenatdiffuerate + .4204082{res}*{res}bienniel + .2244029{res}*{res}pctsalestaxrev + 1.709503{res}*{res}econgrowthvolatility + 23719.85{res}*{res}real_leg__salary__avg_ + .4999596{res}*{res}pctscorefixed + .4612245{res}*{res}bindingforecast + .277551{res}*{res}termlimlameduck + .2530612{res}*{res}govelection + .5306122{res}*{res}dividedgov + 50.82935{res}*{res}citizenideology + .255102{res}*{res}legpartisan + .0938776{res}*{res}vetooverridemajority + .8530612{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 2.204327{col 26}{space 2} .6559043{col 37}{space 1}    3.36{col 46}{space 3}0.002{col 54}{space 4} .8848179{col 67}{space 3} 3.523837
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. *
. *
. *
. *
. *
. *
. 
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- PARTIAL UNILATERAL EXECUTIVE FISCAL POLICY CONTROL  -- ECPARTIAL = 1, ECFULL = 0; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons + 1.869805*l1.pctchrealpercapincome +  3.32769*l1.pctchrealpercapfedaid + -0.1471599*l1.statenatdiffuerate + 0.4204082*bienniel + 0.2244029 *pctsalestaxrev + 1.709503*econgrowthvolatility +  23719.85*real_leg__salary__avg_  +  0.4999596 *pctscorefixed  + 1*ecpartial + 0*ecfull + 0.4612245*bindingforecast + 0.277551*termlimlameduck + 0.2530612*govelection + 0.5306122*dividedgov  +  50.82935*citizenideology  + 0.255102*legpartisan +  0.0938776*vetooverridemajority +  0.8530612*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.869805{res}*{res}L.pctchrealpercapincome + 3.32769{res}*{res}L.pctchrealpercapfedaid - .1471599{res}*{res}L.statenatdiffuerate + .4204082{res}*{res}bienniel + .2244029{res}*{res}pctsalestaxrev + 1.709503{res}*{res}econgrowthvolatility + 23719.85{res}*{res}real_leg__salary__avg_ + .4999596{res}*{res}pctscorefixed + ecpartial + .4612245{res}*{res}bindingforecast + .277551{res}*{res}termlimlameduck + .2530612{res}*{res}govelection + .5306122{res}*{res}dividedgov + 50.82935{res}*{res}citizenideology + .255102{res}*{res}legpartisan + .0938776{res}*{res}vetooverridemajority + .8530612{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 4.162856{col 26}{space 2} .3114025{col 37}{space 1}   13.37{col 46}{space 3}0.000{col 54}{space 4} 3.536395{col 67}{space 3} 4.789317
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. *
. *
. *
. *
. *
. *
. 
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- FULL UNILATERAL EXECUTIVE FISCAL POLICY CONTROL  -- ECPARTIAL = 0, ECFULL = 1; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons + 1.869805*l1.pctchrealpercapincome +  3.32769*l1.pctchrealpercapfedaid + -0.1471599*l1.statenatdiffuerate + 0.4204082*bienniel + 0.2244029 *pctsalestaxrev + 1.709503*econgrowthvolatility +  23719.85*real_leg__salary__avg_  +  0.4999596 *pctscorefixed  + 0*ecpartial + 1*ecfull + 0.4612245*bindingforecast + 0.277551*termlimlameduck + 0.2530612*govelection + 0.5306122*dividedgov  +  50.82935*citizenideology  + 0.255102*legpartisan +  0.0938776*vetooverridemajority +  0.8530612*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.869805{res}*{res}L.pctchrealpercapincome + 3.32769{res}*{res}L.pctchrealpercapfedaid - .1471599{res}*{res}L.statenatdiffuerate + .4204082{res}*{res}bienniel + .2244029{res}*{res}pctsalestaxrev + 1.709503{res}*{res}econgrowthvolatility + 23719.85{res}*{res}real_leg__salary__avg_ + .4999596{res}*{res}pctscorefixed + ecfull + .4612245{res}*{res}bindingforecast + .277551{res}*{res}termlimlameduck + .2530612{res}*{res}govelection + .5306122{res}*{res}dividedgov + 50.82935{res}*{res}citizenideology + .255102{res}*{res}legpartisan + .0938776{res}*{res}vetooverridemajority + .8530612{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 1.384915{col 26}{space 2} 1.278894{col 37}{space 1}    1.08{col 46}{space 3}0.284{col 54}{space 4}-1.187888{col 67}{space 3} 3.957718
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. *
. *
. *
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. ********* IV.B  AGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE 2 - MODEL 6 (ECPARTIAL, ECFULL: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY FOR DEMOCRATIC GOVERNORS ONLY) **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  ecpartial ecfull  bindingforecast termlimlameduck govelection  dividedgov citizenideology legpartisan vetooverridemajority govitemveto if govparty==1 & pctchrealpcgenexpend>=-8.247863 & pctchrealpcgenexpend<=14.71839, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}      483
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       48

{txt}R-sq:  within  = {res}0.1717                         {txt}Obs per group: min = {res}        2
{txt}       between = {res}0.1452                                        {txt}avg = {res}     10.1
{txt}       overall = {res}0.0879                                        {txt}max = {res}       21

                                                {txt}F({res}18{txt},{res}47{txt})           = {res}    21.00
{txt}corr(u_i, Xb)  = {res}-0.6932                        {txt}Prob > F           =    {res}0.0000

{txt}{ralign 78:(Std. Err. adjusted for {res:48} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .3309593{col 26}{space 2} .1249953{col 37}{space 1}    2.65{col 46}{space 3}0.011{col 54}{space 4} .0795012{col 67}{space 3} .5824174
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0472817{col 26}{space 2} .0093731{col 37}{space 1}    5.04{col 46}{space 3}0.000{col 54}{space 4} .0284255{col 67}{space 3}  .066138
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.7889767{col 26}{space 2} .2016881{col 37}{space 1}   -3.91{col 46}{space 3}0.000{col 54}{space 4}-1.194721{col 67}{space 3}-.3832325
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2}-3.610913{col 26}{space 2} .8270957{col 37}{space 1}   -4.37{col 46}{space 3}0.000{col 54}{space 4}-5.274815{col 67}{space 3}-1.947011
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 11.89311{col 26}{space 2} 10.19332{col 37}{space 1}    1.17{col 46}{space 3}0.249{col 54}{space 4}-8.613196{col 67}{space 3} 32.39942
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.3913274{col 26}{space 2} .1609304{col 37}{space 1}   -2.43{col 46}{space 3}0.019{col 54}{space 4}-.7150776{col 67}{space 3}-.0675771
{txt}real_leg__~_ {c |}{col 14}{res}{space 2}-7.84e-06{col 26}{space 2} .0000426{col 37}{space 1}   -0.18{col 46}{space 3}0.855{col 54}{space 4}-.0000936{col 67}{space 3} .0000779
{txt}pctscorefi~d {c |}{col 14}{res}{space 2}-3.873378{col 26}{space 2} 2.783941{col 37}{space 1}   -1.39{col 46}{space 3}0.171{col 54}{space 4}-9.473944{col 67}{space 3} 1.727189
{txt}{space 3}ecpartial {c |}{col 14}{res}{space 2} 1.936162{col 26}{space 2}  .667562{col 37}{space 1}    2.90{col 46}{space 3}0.006{col 54}{space 4} .5932002{col 67}{space 3} 3.279123
{txt}{space 6}ecfull {c |}{col 14}{res}{space 2} .9545391{col 26}{space 2} 1.086415{col 37}{space 1}    0.88{col 46}{space 3}0.384{col 54}{space 4}-1.231047{col 67}{space 3} 3.140125
{txt}bindingfor~t {c |}{col 14}{res}{space 2} -.671009{col 26}{space 2} 1.121789{col 37}{space 1}   -0.60{col 46}{space 3}0.553{col 54}{space 4}-2.927757{col 67}{space 3} 1.585739
{txt}termlimlam~k {c |}{col 14}{res}{space 2}   .22725{col 26}{space 2}  .410985{col 37}{space 1}    0.55{col 46}{space 3}0.583{col 54}{space 4}-.5995451{col 67}{space 3} 1.054045
{txt}{space 1}govelection {c |}{col 14}{res}{space 2}-.3878619{col 26}{space 2} .4984595{col 37}{space 1}   -0.78{col 46}{space 3}0.440{col 54}{space 4}-1.390633{col 67}{space 3} .6149093
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2} 1.572374{col 26}{space 2} 1.239982{col 37}{space 1}    1.27{col 46}{space 3}0.211{col 54}{space 4}-.9221488{col 67}{space 3} 4.066897
{txt}citizenide~y {c |}{col 14}{res}{space 2}-.0270203{col 26}{space 2} .0193444{col 37}{space 1}   -1.40{col 46}{space 3}0.169{col 54}{space 4}-.0659363{col 67}{space 3} .0118956
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} 1.102139{col 26}{space 2}  .816668{col 37}{space 1}    1.35{col 46}{space 3}0.184{col 54}{space 4}-.5407848{col 67}{space 3} 2.745063
{txt}vetooverri~y {c |}{col 14}{res}{space 2}-.7073311{col 26}{space 2} 1.227266{col 37}{space 1}   -0.58{col 46}{space 3}0.567{col 54}{space 4}-3.176272{col 67}{space 3} 1.761609
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .3499415{col 26}{space 2}  1.27607{col 37}{space 1}    0.27{col 46}{space 3}0.785{col 54}{space 4} -2.21718{col 67}{space 3} 2.917063
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}   2.9662{col 26}{space 2} 3.859435{col 37}{space 1}    0.77{col 46}{space 3}0.446{col 54}{space 4}-4.797981{col 67}{space 3} 10.73038
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.4674091
{txt}     sigma_e {c |} {res} 3.8253054
{txt}         rho {c |} {res} .29381243{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17}  483{col 25}-1343.355{col 37}-1297.875{col 48}   18{col 57}  2631.75{col 69}  2706.99
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test ecpartial = ecfull

{p 0 7}{space 1}{text:( 1)}{space 1} {res}ecpartial - ecfull = 0{p_end}

{txt}       F(  1,    47) ={res}    1.21
{txt}{col 13}Prob > F ={res}    0.2761
{txt}
{com}. 
. 
. 
. 
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. ********* V.A  AGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE 2 - MODEL 7  (ECPARTIAL, ECFULL: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY FOR REPUBLICAN GOVERNORS ONLY)  **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  ecpartial ecfull bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto if govparty==-1, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}      540
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       48

{txt}R-sq:  within  = {res}0.0874                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0044                                        {txt}avg = {res}     11.3
{txt}       overall = {res}0.0049                                        {txt}max = {res}       21

{col 49}{help j_robustsingular##|_new:F(17,47)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.9035                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:48} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0291559{col 26}{space 2} .1268916{col 37}{space 1}    0.23{col 46}{space 3}0.819{col 54}{space 4}-.2261172{col 67}{space 3} .2844289
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}    .0659{col 26}{space 2} .0245934{col 37}{space 1}    2.68{col 46}{space 3}0.010{col 54}{space 4} .0164244{col 67}{space 3} .1153756
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.5928069{col 26}{space 2}  .194544{col 37}{space 1}   -3.05{col 46}{space 3}0.004{col 54}{space 4}-.9841789{col 67}{space 3}-.2014348
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2} 2.570364{col 26}{space 2} .7518319{col 37}{space 1}    3.42{col 46}{space 3}0.001{col 54}{space 4} 1.057873{col 67}{space 3} 4.082854
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 13.33572{col 26}{space 2} 8.708358{col 37}{space 1}    1.53{col 46}{space 3}0.132{col 54}{space 4}-4.183235{col 67}{space 3} 30.85468
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.4110549{col 26}{space 2}  .230662{col 37}{space 1}   -1.78{col 46}{space 3}0.081{col 54}{space 4} -.875087{col 67}{space 3} .0529772
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000326{col 26}{space 2}  .000042{col 37}{space 1}    0.78{col 46}{space 3}0.441{col 54}{space 4}-.0000518{col 67}{space 3}  .000117
{txt}pctscorefi~d {c |}{col 14}{res}{space 2} -.965653{col 26}{space 2} 5.119064{col 37}{space 1}   -0.19{col 46}{space 3}0.851{col 54}{space 4}-11.26388{col 67}{space 3} 9.332574
{txt}{space 3}ecpartial {c |}{col 14}{res}{space 2} .6643997{col 26}{space 2} .9131963{col 37}{space 1}    0.73{col 46}{space 3}0.470{col 54}{space 4}-1.172714{col 67}{space 3} 2.501514
{txt}{space 6}ecfull {c |}{col 14}{res}{space 2} 6.064347{col 26}{space 2} 1.624591{col 37}{space 1}    3.73{col 46}{space 3}0.001{col 54}{space 4} 2.796091{col 67}{space 3} 9.332603
{txt}bindingfor~t {c |}{col 14}{res}{space 2} 4.873174{col 26}{space 2} 2.059999{col 37}{space 1}    2.37{col 46}{space 3}0.022{col 54}{space 4} .7289912{col 67}{space 3} 9.017357
{txt}termlimlam~k {c |}{col 14}{res}{space 2} 1.419383{col 26}{space 2} .5643491{col 37}{space 1}    2.52{col 46}{space 3}0.015{col 54}{space 4} .2840588{col 67}{space 3} 2.554707
{txt}{space 1}govelection {c |}{col 14}{res}{space 2} .3078143{col 26}{space 2}  .398644{col 37}{space 1}    0.77{col 46}{space 3}0.444{col 54}{space 4} -.494154{col 67}{space 3} 1.109783
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2}-.7613407{col 26}{space 2} 1.093366{col 37}{space 1}   -0.70{col 46}{space 3}0.490{col 54}{space 4}-2.960909{col 67}{space 3} 1.438227
{txt}balbudrest~n {c |}{col 14}{res}{space 2}-2.102232{col 26}{space 2} 1.603139{col 37}{space 1}   -1.31{col 46}{space 3}0.196{col 54}{space 4}-5.327332{col 67}{space 3} 1.122868
{txt}citizenide~y {c |}{col 14}{res}{space 2} .0361313{col 26}{space 2} .0408267{col 37}{space 1}    0.88{col 46}{space 3}0.381{col 54}{space 4}-.0460014{col 67}{space 3}  .118264
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2}  1.05893{col 26}{space 2} .6389504{col 37}{space 1}    1.66{col 46}{space 3}0.104{col 54}{space 4}-.2264729{col 67}{space 3} 2.344332
{txt}vetooverri~y {c |}{col 14}{res}{space 2} .3444258{col 26}{space 2}  .677676{col 37}{space 1}    0.51{col 46}{space 3}0.614{col 54}{space 4}-1.018883{col 67}{space 3} 1.707734
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} 1.543196{col 26}{space 2}  1.59817{col 37}{space 1}    0.97{col 46}{space 3}0.339{col 54}{space 4}-1.671908{col 67}{space 3}   4.7583
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-6.222261{col 26}{space 2} 5.170515{col 37}{space 1}   -1.20{col 46}{space 3}0.235{col 54}{space 4}-16.62399{col 67}{space 3} 4.179474
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 3.9984593
{txt}     sigma_e {c |} {res} 4.6153598
{txt}         rho {c |} {res} .42874792{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17}  540{col 25}-1581.034{col 37}-1556.329{col 48}   17{col 57} 3146.659{col 69} 3219.615
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test ecpartial = ecfull

{p 0 7}{space 1}{text:( 1)}{space 1} {res}ecpartial - ecfull = 0{p_end}

{txt}       F(  1,    47) ={res}   15.58
{txt}{col 13}Prob > F ={res}    0.0003
{txt}
{com}. 
. *
. *
. *
. *
. *
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- ABSENCE OF UNILATERAL EXECUTIVE FISCAL POLICY CONTROL -- GIVEN ECPARTIAL = 0, ECFULL = 0; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons +  1.925318*l1.pctchrealpercapincome +  2.722544*l1.pctchrealpercapfedaid + -0.2659877*l1.statenatdiffuerate + 0.3740741*bienniel  + 0.2384933*pctsalestaxrev + 1.78264*econgrowthvolatility + 23905.11*real_leg__salary__avg_  +  0.5255842*pctscorefixed  + 0*ecpartial + 0*ecfull + 0.3648148*bindingforecast + 0.2666667*termlimlameduck + 0.2518519*govelection +  0.6351852*dividedgov  +  0.5611111*balbudrestriction +  48.8617*citizenideology  + 0.0481481*legpartisan + 0.1592593*vetooverridemajority +  0.8611111*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.925318{res}*{res}L.pctchrealpercapincome + 2.722544{res}*{res}L.pctchrealpercapfedaid - .2659877{res}*{res}L.statenatdiffuerate + .3740741{res}*{res}bienniel + .2384933{res}*{res}pctsalestaxrev + 1.78264{res}*{res}econgrowthvolatility + 23905.11{res}*{res}real_leg__salary__avg_ + .5255842{res}*{res}pctscorefixed + .3648148{res}*{res}bindingforecast + .2666667{res}*{res}termlimlameduck + .2518519{res}*{res}govelection + .6351852{res}*{res}dividedgov + .5611111{res}*{res}balbudrestriction + 48.8617{res}*{res}citizenideology + .0481481{res}*{res}legpartisan + .1592593{res}*{res}vetooverridemajority + .8611111{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 1.623715{col 26}{space 2} .7550338{col 37}{space 1}    2.15{col 46}{space 3}0.037{col 54}{space 4} .1047829{col 67}{space 3} 3.142647
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. *
. *
. *
. *
. *
. *
. 
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- PARTIAL UNILATERAL EXECUTIVE FISCAL POLICY CONTROL  -- ECPARTIAL = 1, ECFULL = 0; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons +  1.925318*l1.pctchrealpercapincome +  2.722544*l1.pctchrealpercapfedaid + -0.2659877*l1.statenatdiffuerate + 0.3740741*bienniel  + 0.2384933*pctsalestaxrev + 1.78264*econgrowthvolatility + 23905.11*real_leg__salary__avg_  +  0.5255842*pctscorefixed  + 1*ecpartial + 0*ecfull + 0.3648148*bindingforecast + 0.2666667*termlimlameduck + 0.2518519*govelection +  0.6351852*dividedgov  +  0.5611111*balbudrestriction +  48.8617*citizenideology  + 0.0481481*legpartisan + 0.1592593*vetooverridemajority +  0.8611111*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.925318{res}*{res}L.pctchrealpercapincome + 2.722544{res}*{res}L.pctchrealpercapfedaid - .2659877{res}*{res}L.statenatdiffuerate + .3740741{res}*{res}bienniel + .2384933{res}*{res}pctsalestaxrev + 1.78264{res}*{res}econgrowthvolatility + 23905.11{res}*{res}real_leg__salary__avg_ + .5255842{res}*{res}pctscorefixed + ecpartial + .3648148{res}*{res}bindingforecast + .2666667{res}*{res}termlimlameduck + .2518519{res}*{res}govelection + .6351852{res}*{res}dividedgov + .5611111{res}*{res}balbudrestriction + 48.8617{res}*{res}citizenideology + .0481481{res}*{res}legpartisan + .1592593{res}*{res}vetooverridemajority + .8611111{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 2.288115{col 26}{space 2} .2286808{col 37}{space 1}   10.01{col 46}{space 3}0.000{col 54}{space 4} 1.828068{col 67}{space 3} 2.748161
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. *
. *
. *
. *
. *
. *
. 
. 
. *** COMPUTE SIMULATED VALUES OF THE DEPENDENT VARIABLE (PCTCHREALPCGENEXPEND) -- FULL UNILATERAL EXECUTIVE FISCAL POLICY CONTROL  -- ECPARTIAL = 0, ECFULL = 1; ALL OTHER VARIABLES EVALUATED AT THEIR MEAN) *** 
. 
. lincom _cons +  1.925318*l1.pctchrealpercapincome +  2.722544*l1.pctchrealpercapfedaid + -0.2659877*l1.statenatdiffuerate + 0.3740741*bienniel  + 0.2384933*pctsalestaxrev + 1.78264*econgrowthvolatility + 23905.11*real_leg__salary__avg_  +  0.5255842*pctscorefixed  + 0*ecpartial + 1*ecfull + 0.3648148*bindingforecast + 0.2666667*termlimlameduck + 0.2518519*govelection +  0.6351852*dividedgov  +  0.5611111*balbudrestriction +  48.8617*citizenideology  + 0.0481481*legpartisan + 0.1592593*vetooverridemajority +  0.8611111*govitemveto 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.925318{res}*{res}L.pctchrealpercapincome + 2.722544{res}*{res}L.pctchrealpercapfedaid - .2659877{res}*{res}L.statenatdiffuerate + .3740741{res}*{res}bienniel + .2384933{res}*{res}pctsalestaxrev + 1.78264{res}*{res}econgrowthvolatility + 23905.11{res}*{res}real_leg__salary__avg_ + .5255842{res}*{res}pctscorefixed + ecfull + .3648148{res}*{res}bindingforecast + .2666667{res}*{res}termlimlameduck + .2518519{res}*{res}govelection + .6351852{res}*{res}dividedgov + .5611111{res}*{res}balbudrestriction + 48.8617{res}*{res}citizenideology + .0481481{res}*{res}legpartisan + .1592593{res}*{res}vetooverridemajority + .8611111{res}*{res}govitemveto + _cons = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 7.688061{col 26}{space 2} 1.225933{col 37}{space 1}    6.27{col 46}{space 3}0.000{col 54}{space 4} 5.221802{col 67}{space 3} 10.15432
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. *
. *
. *
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. ********* V.B  AGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE 2 - MODEL 8 (ECPARTIAL, ECFULL: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY FOR REPUBLICAN GOVERNORS ONLY)  **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  ecpartial ecfull  bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto if govparty==-1 & pctchrealpcgenexpend>=-8.247863 & pctchrealpcgenexpend<=14.71839, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}      527
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       48

{txt}R-sq:  within  = {res}0.0926                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0061                                        {txt}avg = {res}     11.0
{txt}       overall = {res}0.0144                                        {txt}max = {res}       20

{col 49}{help j_robustsingular##|_new:F(17,47)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.8360                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:48} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}  .147591{col 26}{space 2} .0978814{col 37}{space 1}    1.51{col 46}{space 3}0.138{col 54}{space 4} -.049321{col 67}{space 3}  .344503
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0457517{col 26}{space 2} .0249393{col 37}{space 1}    1.83{col 46}{space 3}0.073{col 54}{space 4}-.0044197{col 67}{space 3} .0959231
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.5429421{col 26}{space 2} .2014718{col 37}{space 1}   -2.69{col 46}{space 3}0.010{col 54}{space 4} -.948251{col 67}{space 3}-.1376331
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2} 1.232371{col 26}{space 2} 1.159412{col 37}{space 1}    1.06{col 46}{space 3}0.293{col 54}{space 4}-1.100065{col 67}{space 3} 3.564808
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 12.94808{col 26}{space 2} 9.538769{col 37}{space 1}    1.36{col 46}{space 3}0.181{col 54}{space 4}-6.241445{col 67}{space 3} 32.13761
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.3993284{col 26}{space 2} .1999657{col 37}{space 1}   -2.00{col 46}{space 3}0.052{col 54}{space 4}-.8016075{col 67}{space 3} .0029506
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000284{col 26}{space 2} .0000409{col 37}{space 1}    0.69{col 46}{space 3}0.491{col 54}{space 4}-.0000539{col 67}{space 3} .0001107
{txt}pctscorefi~d {c |}{col 14}{res}{space 2} .3353233{col 26}{space 2} 4.430857{col 37}{space 1}    0.08{col 46}{space 3}0.940{col 54}{space 4}-8.578411{col 67}{space 3} 9.249058
{txt}{space 3}ecpartial {c |}{col 14}{res}{space 2}-.1867073{col 26}{space 2}  .799399{col 37}{space 1}   -0.23{col 46}{space 3}0.816{col 54}{space 4}-1.794891{col 67}{space 3} 1.421476
{txt}{space 6}ecfull {c |}{col 14}{res}{space 2} 3.197603{col 26}{space 2} 1.174374{col 37}{space 1}    2.72{col 46}{space 3}0.009{col 54}{space 4} .8350676{col 67}{space 3} 5.560138
{txt}bindingfor~t {c |}{col 14}{res}{space 2} 2.637169{col 26}{space 2} 1.566636{col 37}{space 1}    1.68{col 46}{space 3}0.099{col 54}{space 4}-.5144955{col 67}{space 3} 5.788834
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .5089453{col 26}{space 2} .5157217{col 37}{space 1}    0.99{col 46}{space 3}0.329{col 54}{space 4}-.5285529{col 67}{space 3} 1.546444
{txt}{space 1}govelection {c |}{col 14}{res}{space 2} .1313265{col 26}{space 2} .2896372{col 37}{space 1}    0.45{col 46}{space 3}0.652{col 54}{space 4}-.4513484{col 67}{space 3} .7140014
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2}-.7387407{col 26}{space 2} 1.094578{col 37}{space 1}   -0.67{col 46}{space 3}0.503{col 54}{space 4}-2.940747{col 67}{space 3} 1.463265
{txt}balbudrest~n {c |}{col 14}{res}{space 2}-2.056868{col 26}{space 2}  1.62264{col 37}{space 1}   -1.27{col 46}{space 3}0.211{col 54}{space 4}-5.321198{col 67}{space 3} 1.207461
{txt}citizenide~y {c |}{col 14}{res}{space 2} .0042772{col 26}{space 2} .0283455{col 37}{space 1}    0.15{col 46}{space 3}0.881{col 54}{space 4}-.0527466{col 67}{space 3} .0613009
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2}  1.23284{col 26}{space 2} .6490176{col 37}{space 1}    1.90{col 46}{space 3}0.064{col 54}{space 4}-.0728148{col 67}{space 3} 2.538495
{txt}vetooverri~y {c |}{col 14}{res}{space 2} .4438177{col 26}{space 2} .7852026{col 37}{space 1}    0.57{col 46}{space 3}0.575{col 54}{space 4}-1.135806{col 67}{space 3} 2.023441
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .6670778{col 26}{space 2} 1.324392{col 37}{space 1}    0.50{col 46}{space 3}0.617{col 54}{space 4}-1.997256{col 67}{space 3} 3.331411
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-2.133015{col 26}{space 2} 3.861102{col 37}{space 1}   -0.55{col 46}{space 3}0.583{col 54}{space 4}-9.900551{col 67}{space 3} 5.634521
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.7679927
{txt}     sigma_e {c |} {res} 3.7620102
{txt}         rho {c |} {res} .35122428{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17}  527{col 25}-1435.797{col 37}-1410.202{col 48}   17{col 57} 2854.404{col 69} 2926.946
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test ecpartial = ecfull

{p 0 7}{space 1}{text:( 1)}{space 1} {res}ecpartial - ecfull = 0{p_end}

{txt}       F(  1,    47) ={res}   14.51
{txt}{col 13}Prob > F ={res}    0.0004
{txt}
{com}. 
. 
. 
. 
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. **************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. 
. 
. 
. 
. 
. 
. ********* VI.A  DISAGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE SA-4 - MODEL SA-1 (GOVBUDFULL, GOVFOREPOWER, GOVBUDFULLGFP: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY FOR DEMOCRATIC GOVERNORS ONLY)  **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  govbudfull govforepower govbudfullgfp bindingforecast termlimlameduck govelection  dividedgov  citizenideology legpartisan vetooverridemajority govitemveto if govparty==1, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}      490
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       48

{txt}R-sq:  within  = {res}0.1934                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.1949                                        {txt}avg = {res}     10.2
{txt}       overall = {res}0.1131                                        {txt}max = {res}       21

                                                {txt}F({res}19{txt},{res}47{txt})           = {res}    22.00
{txt}corr(u_i, Xb)  = {res}-0.6766                        {txt}Prob > F           =    {res}0.0000

{txt}{ralign 78:(Std. Err. adjusted for {res:48} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .3550807{col 26}{space 2} .1347287{col 37}{space 1}    2.64{col 46}{space 3}0.011{col 54}{space 4} .0840416{col 67}{space 3} .6261198
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0487546{col 26}{space 2} .0101481{col 37}{space 1}    4.80{col 46}{space 3}0.000{col 54}{space 4} .0283393{col 67}{space 3} .0691699
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-1.045262{col 26}{space 2} .2212978{col 37}{space 1}   -4.72{col 46}{space 3}0.000{col 54}{space 4}-1.490456{col 67}{space 3}-.6000679
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2}-4.424215{col 26}{space 2} .9499284{col 37}{space 1}   -4.66{col 46}{space 3}0.000{col 54}{space 4}-6.335225{col 67}{space 3}-2.513206
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 11.08716{col 26}{space 2} 11.71561{col 37}{space 1}    0.95{col 46}{space 3}0.349{col 54}{space 4} -12.4816{col 67}{space 3} 34.65592
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.3944238{col 26}{space 2} .1711248{col 37}{space 1}   -2.30{col 46}{space 3}0.026{col 54}{space 4}-.7386826{col 67}{space 3} -.050165
{txt}real_leg__~_ {c |}{col 14}{res}{space 2}-.0000241{col 26}{space 2} .0000392{col 37}{space 1}   -0.61{col 46}{space 3}0.542{col 54}{space 4}-.0001029{col 67}{space 3} .0000548
{txt}pctscorefi~d {c |}{col 14}{res}{space 2}-3.658711{col 26}{space 2} 3.134611{col 37}{space 1}   -1.17{col 46}{space 3}0.249{col 54}{space 4}-9.964736{col 67}{space 3} 2.647314
{txt}{space 2}govbudfull {c |}{col 14}{res}{space 2} 1.498149{col 26}{space 2} .6756714{col 37}{space 1}    2.22{col 46}{space 3}0.031{col 54}{space 4} .1388738{col 67}{space 3} 2.857425
{txt}govforepower {c |}{col 14}{res}{space 2} 4.113155{col 26}{space 2} 1.401304{col 37}{space 1}    2.94{col 46}{space 3}0.005{col 54}{space 4} 1.294094{col 67}{space 3} 6.932215
{txt}govbudfull~p {c |}{col 14}{res}{space 2}-4.926784{col 26}{space 2} 1.653971{col 37}{space 1}   -2.98{col 46}{space 3}0.005{col 54}{space 4}-8.254144{col 67}{space 3}-1.599424
{txt}bindingfor~t {c |}{col 14}{res}{space 2}   .02574{col 26}{space 2} .8925454{col 37}{space 1}    0.03{col 46}{space 3}0.977{col 54}{space 4} -1.76983{col 67}{space 3}  1.82131
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .3223105{col 26}{space 2}   .43246{col 37}{space 1}    0.75{col 46}{space 3}0.460{col 54}{space 4}-.5476869{col 67}{space 3} 1.192308
{txt}{space 1}govelection {c |}{col 14}{res}{space 2}-.6325057{col 26}{space 2} .4637183{col 37}{space 1}   -1.36{col 46}{space 3}0.179{col 54}{space 4}-1.565387{col 67}{space 3} .3003751
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2} 1.692037{col 26}{space 2} 1.210606{col 37}{space 1}    1.40{col 46}{space 3}0.169{col 54}{space 4}-.7433883{col 67}{space 3} 4.127462
{txt}citizenide~y {c |}{col 14}{res}{space 2}-.0291965{col 26}{space 2} .0191511{col 37}{space 1}   -1.52{col 46}{space 3}0.134{col 54}{space 4}-.0677236{col 67}{space 3} .0093305
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} 1.288532{col 26}{space 2} .8342476{col 37}{space 1}    1.54{col 46}{space 3}0.129{col 54}{space 4}-.3897573{col 67}{space 3} 2.966822
{txt}vetooverri~y {c |}{col 14}{res}{space 2}-.5920972{col 26}{space 2} 1.096826{col 37}{space 1}   -0.54{col 46}{space 3}0.592{col 54}{space 4}-2.798626{col 67}{space 3} 1.614431
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .0767614{col 26}{space 2} 1.259731{col 37}{space 1}    0.06{col 46}{space 3}0.952{col 54}{space 4} -2.45749{col 67}{space 3} 2.611012
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} 3.865646{col 26}{space 2} 4.225703{col 37}{space 1}    0.91{col 46}{space 3}0.365{col 54}{space 4}-4.635371{col 67}{space 3} 12.36666
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.5361316
{txt}     sigma_e {c |} {res} 4.1934096
{txt}         rho {c |} {res} .26781272{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17}  490{col 25} -1414.33{col 37}-1361.679{col 48}   19{col 57} 2761.357{col 69} 2841.051
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test govbudfull = govforepower

{p 0 7}{space 1}{text:( 1)}{space 1} {res}govbudfull - govforepower = 0{p_end}

{txt}       F(  1,    47) ={res}    4.11
{txt}{col 13}Prob > F ={res}    0.0483
{txt}
{com}. 
. *
. *
. *
. 
. 
. 
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. ********* VI.B  DISAGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE SA-4 - MODEL SA-2 (GOVBUDFULL, GOVFOREPOWER, GOVBUDFULLGFP: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY FOR DEMOCRATIC GOVERNORS ONLY)  **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  govbudfull govforepower govbudfullgfp bindingforecast termlimlameduck govelection  dividedgov  citizenideology legpartisan vetooverridemajority govitemveto if govparty==1 & pctchrealpcgenexpend>=-8.247863 & pctchrealpcgenexpend<=14.71839, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}      483
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       48

{txt}R-sq:  within  = {res}0.1735                         {txt}Obs per group: min = {res}        2
{txt}       between = {res}0.1556                                        {txt}avg = {res}     10.1
{txt}       overall = {res}0.0988                                        {txt}max = {res}       21

                                                {txt}F({res}19{txt},{res}47{txt})           = {res}    25.79
{txt}corr(u_i, Xb)  = {res}-0.6500                        {txt}Prob > F           =    {res}0.0000

{txt}{ralign 78:(Std. Err. adjusted for {res:48} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .3284853{col 26}{space 2} .1251347{col 37}{space 1}    2.63{col 46}{space 3}0.012{col 54}{space 4} .0767469{col 67}{space 3} .5802238
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0473617{col 26}{space 2} .0094043{col 37}{space 1}    5.04{col 46}{space 3}0.000{col 54}{space 4} .0284427{col 67}{space 3} .0662808
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.8250616{col 26}{space 2} .1988753{col 37}{space 1}   -4.15{col 46}{space 3}0.000{col 54}{space 4}-1.225147{col 67}{space 3} -.424976
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2}-3.668891{col 26}{space 2}  .801462{col 37}{space 1}   -4.58{col 46}{space 3}0.000{col 54}{space 4}-5.281225{col 67}{space 3}-2.056558
{txt}pctsalesta~v {c |}{col 14}{res}{space 2}  10.7966{col 26}{space 2} 9.993639{col 37}{space 1}    1.08{col 46}{space 3}0.286{col 54}{space 4}-9.308008{col 67}{space 3} 30.90121
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.3958524{col 26}{space 2} .1604099{col 37}{space 1}   -2.47{col 46}{space 3}0.017{col 54}{space 4}-.7185555{col 67}{space 3}-.0731493
{txt}real_leg__~_ {c |}{col 14}{res}{space 2}-.0000125{col 26}{space 2}  .000042{col 37}{space 1}   -0.30{col 46}{space 3}0.768{col 54}{space 4} -.000097{col 67}{space 3} .0000721
{txt}pctscorefi~d {c |}{col 14}{res}{space 2}-3.712774{col 26}{space 2} 2.793587{col 37}{space 1}   -1.33{col 46}{space 3}0.190{col 54}{space 4}-9.332746{col 67}{space 3} 1.907199
{txt}{space 2}govbudfull {c |}{col 14}{res}{space 2} 1.670874{col 26}{space 2} .6708023{col 37}{space 1}    2.49{col 46}{space 3}0.016{col 54}{space 4} .3213944{col 67}{space 3} 3.020354
{txt}govforepower {c |}{col 14}{res}{space 2} 3.178679{col 26}{space 2} 1.312534{col 37}{space 1}    2.42{col 46}{space 3}0.019{col 54}{space 4} .5382012{col 67}{space 3} 5.819158
{txt}govbudfull~p {c |}{col 14}{res}{space 2}-3.050267{col 26}{space 2} 1.221826{col 37}{space 1}   -2.50{col 46}{space 3}0.016{col 54}{space 4}-5.508264{col 67}{space 3}-.5922697
{txt}bindingfor~t {c |}{col 14}{res}{space 2}-.3240317{col 26}{space 2} .9407338{col 37}{space 1}   -0.34{col 46}{space 3}0.732{col 54}{space 4}-2.216544{col 67}{space 3}  1.56848
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .1597134{col 26}{space 2} .4228436{col 37}{space 1}    0.38{col 46}{space 3}0.707{col 54}{space 4}-.6909383{col 67}{space 3} 1.010365
{txt}{space 1}govelection {c |}{col 14}{res}{space 2}-.4033579{col 26}{space 2} .4939697{col 37}{space 1}   -0.82{col 46}{space 3}0.418{col 54}{space 4}-1.397097{col 67}{space 3}  .590381
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2} 1.628851{col 26}{space 2} 1.232852{col 37}{space 1}    1.32{col 46}{space 3}0.193{col 54}{space 4}-.8513266{col 67}{space 3} 4.109029
{txt}citizenide~y {c |}{col 14}{res}{space 2}-.0312025{col 26}{space 2} .0199723{col 37}{space 1}   -1.56{col 46}{space 3}0.125{col 54}{space 4}-.0713815{col 67}{space 3} .0089765
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} 1.105225{col 26}{space 2} .8239028{col 37}{space 1}    1.34{col 46}{space 3}0.186{col 54}{space 4}-.5522538{col 67}{space 3} 2.762703
{txt}vetooverri~y {c |}{col 14}{res}{space 2}-.7261814{col 26}{space 2} 1.263022{col 37}{space 1}   -0.57{col 46}{space 3}0.568{col 54}{space 4}-3.267054{col 67}{space 3} 1.814691
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .3017502{col 26}{space 2}  1.26974{col 37}{space 1}    0.24{col 46}{space 3}0.813{col 54}{space 4}-2.252636{col 67}{space 3} 2.856137
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} 3.304204{col 26}{space 2} 3.839562{col 37}{space 1}    0.86{col 46}{space 3}0.394{col 54}{space 4}-4.419999{col 67}{space 3} 11.02841
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.3319261
{txt}     sigma_e {c |} {res} 3.8256065
{txt}         rho {c |} {res} .27090321{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17}  483{col 25}-1343.355{col 37}-1297.333{col 48}   19{col 57} 2632.666{col 69} 2712.087
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test govbudfull = govforepower

{p 0 7}{space 1}{text:( 1)}{space 1} {res}govbudfull - govforepower = 0{p_end}

{txt}       F(  1,    47) ={res}    1.34
{txt}{col 13}Prob > F ={res}    0.2522
{txt}
{com}. 
. *
. *
. *
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. **************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. 
. ********* VII.A  DISAGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE SA-4 - MODEL SA-3 (GOVBUDFULL, GOVFOREPOWER, GOVBUDFULLGFP: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY FOR REPUBLICAN GOVERNORS ONLY) **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel  pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  govbudfull govforepower govbudfullgfp bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto if govparty==-1, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}      540
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       48

{txt}R-sq:  within  = {res}0.0875                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0040                                        {txt}avg = {res}     11.3
{txt}       overall = {res}0.0053                                        {txt}max = {res}       21

{col 49}{help j_robustsingular##|_new:F(18,47)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.8996                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:48} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0298334{col 26}{space 2} .1280968{col 37}{space 1}    0.23{col 46}{space 3}0.817{col 54}{space 4}-.2278642{col 67}{space 3}  .287531
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0657899{col 26}{space 2} .0246623{col 37}{space 1}    2.67{col 46}{space 3}0.010{col 54}{space 4} .0161758{col 67}{space 3} .1154041
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.5929913{col 26}{space 2} .1946774{col 37}{space 1}   -3.05{col 46}{space 3}0.004{col 54}{space 4}-.9846316{col 67}{space 3} -.201351
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2}  2.57847{col 26}{space 2} .7453807{col 37}{space 1}    3.46{col 46}{space 3}0.001{col 54}{space 4} 1.078958{col 67}{space 3} 4.077983
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 13.33957{col 26}{space 2} 8.717593{col 37}{space 1}    1.53{col 46}{space 3}0.133{col 54}{space 4}-4.197961{col 67}{space 3} 30.87711
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.4101048{col 26}{space 2} .2320281{col 37}{space 1}   -1.77{col 46}{space 3}0.084{col 54}{space 4}-.8768851{col 67}{space 3} .0566754
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000326{col 26}{space 2}  .000042{col 37}{space 1}    0.78{col 46}{space 3}0.442{col 54}{space 4}-.0000519{col 67}{space 3} .0001171
{txt}pctscorefi~d {c |}{col 14}{res}{space 2}-.9489688{col 26}{space 2} 5.129539{col 37}{space 1}   -0.19{col 46}{space 3}0.854{col 54}{space 4}-11.26827{col 67}{space 3} 9.370332
{txt}{space 2}govbudfull {c |}{col 14}{res}{space 2} .6683985{col 26}{space 2}  .913025{col 37}{space 1}    0.73{col 46}{space 3}0.468{col 54}{space 4}-1.168371{col 67}{space 3} 2.505168
{txt}govforepower {c |}{col 14}{res}{space 2}  .390383{col 26}{space 2} 2.348259{col 37}{space 1}    0.17{col 46}{space 3}0.869{col 54}{space 4}-4.333705{col 67}{space 3} 5.114471
{txt}govbudfull~p {c |}{col 14}{res}{space 2} 4.825859{col 26}{space 2} 2.237548{col 37}{space 1}    2.16{col 46}{space 3}0.036{col 54}{space 4} .3244931{col 67}{space 3} 9.327226
{txt}bindingfor~t {c |}{col 14}{res}{space 2} 4.686699{col 26}{space 2} 1.744748{col 37}{space 1}    2.69{col 46}{space 3}0.010{col 54}{space 4} 1.176718{col 67}{space 3} 8.196679
{txt}termlimlam~k {c |}{col 14}{res}{space 2} 1.417081{col 26}{space 2} .5604397{col 37}{space 1}    2.53{col 46}{space 3}0.015{col 54}{space 4}  .289622{col 67}{space 3}  2.54454
{txt}{space 1}govelection {c |}{col 14}{res}{space 2}  .305356{col 26}{space 2} .4042913{col 37}{space 1}    0.76{col 46}{space 3}0.454{col 54}{space 4}-.5079733{col 67}{space 3} 1.118685
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2}-.7573107{col 26}{space 2}  1.10021{col 37}{space 1}   -0.69{col 46}{space 3}0.495{col 54}{space 4}-2.970648{col 67}{space 3} 1.456026
{txt}balbudrest~n {c |}{col 14}{res}{space 2}-2.103648{col 26}{space 2} 1.604701{col 37}{space 1}   -1.31{col 46}{space 3}0.196{col 54}{space 4} -5.33189{col 67}{space 3} 1.124594
{txt}citizenide~y {c |}{col 14}{res}{space 2} .0364442{col 26}{space 2} .0412107{col 37}{space 1}    0.88{col 46}{space 3}0.381{col 54}{space 4} -.046461{col 67}{space 3} .1193494
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} 1.055558{col 26}{space 2} .6437009{col 37}{space 1}    1.64{col 46}{space 3}0.108{col 54}{space 4}-.2394015{col 67}{space 3} 2.350517
{txt}vetooverri~y {c |}{col 14}{res}{space 2} .3278264{col 26}{space 2} .6958715{col 37}{space 1}    0.47{col 46}{space 3}0.640{col 54}{space 4}-1.072086{col 67}{space 3} 1.727739
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} 1.541234{col 26}{space 2} 1.598793{col 37}{space 1}    0.96{col 46}{space 3}0.340{col 54}{space 4}-1.675124{col 67}{space 3} 4.757591
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} -6.15514{col 26}{space 2} 5.115324{col 37}{space 1}   -1.20{col 46}{space 3}0.235{col 54}{space 4}-16.44584{col 67}{space 3} 4.135564
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 3.9196279
{txt}     sigma_e {c |} {res} 4.6202178
{txt}         rho {c |} {res} .41851067{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17}  540{col 25}-1581.034{col 37}-1556.326{col 48}   18{col 57} 3148.652{col 69}   3225.9
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test govbudfull = govforepower

{p 0 7}{space 1}{text:( 1)}{space 1} {res}govbudfull - govforepower = 0{p_end}

{txt}       F(  1,    47) ={res}    0.02
{txt}{col 13}Prob > F ={res}    0.8970
{txt}
{com}. 
. *
. *
. *
. 
. 
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. ********* VII.B  DISAGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE SA-4 - MODEL SA-4 (GOVBUDFULL, GOVFOREPOWER, GOVBUDFULLGFP: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY FOR REPUBLICAN GOVERNORS ONLY) **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel  pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  govbudfull govforepower govbudfullgfp bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto if govparty==-1 & pctchrealpcgenexpend>=-8.247863 & pctchrealpcgenexpend<=14.71839, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}      527
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       48

{txt}R-sq:  within  = {res}0.0933                         {txt}Obs per group: min = {res}        4
{txt}       between = {res}0.0001                                        {txt}avg = {res}     11.0
{txt}       overall = {res}0.0084                                        {txt}max = {res}       20

{col 49}{help j_robustsingular##|_new:F(18,47)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.8792                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:48} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .1426352{col 26}{space 2} .0990968{col 37}{space 1}    1.44{col 46}{space 3}0.157{col 54}{space 4}-.0567218{col 67}{space 3} .3419922
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0464438{col 26}{space 2} .0251044{col 37}{space 1}    1.85{col 46}{space 3}0.071{col 54}{space 4}-.0040597{col 67}{space 3} .0969473
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.5424577{col 26}{space 2} .2011444{col 37}{space 1}   -2.70{col 46}{space 3}0.010{col 54}{space 4}-.9471081{col 67}{space 3}-.1378074
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2} 1.183958{col 26}{space 2} 1.191733{col 37}{space 1}    0.99{col 46}{space 3}0.326{col 54}{space 4}-1.213498{col 67}{space 3} 3.581415
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 12.92729{col 26}{space 2}  9.54242{col 37}{space 1}    1.35{col 46}{space 3}0.182{col 54}{space 4}-6.269581{col 67}{space 3} 32.12417
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.4062502{col 26}{space 2}  .199618{col 37}{space 1}   -2.04{col 46}{space 3}0.047{col 54}{space 4}-.8078299{col 67}{space 3}-.0046705
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000288{col 26}{space 2} .0000408{col 37}{space 1}    0.71{col 46}{space 3}0.483{col 54}{space 4}-.0000532{col 67}{space 3} .0001108
{txt}pctscorefi~d {c |}{col 14}{res}{space 2} .2113497{col 26}{space 2} 4.381609{col 37}{space 1}    0.05{col 46}{space 3}0.962{col 54}{space 4}-8.603311{col 67}{space 3}  9.02601
{txt}{space 2}govbudfull {c |}{col 14}{res}{space 2}-.2119269{col 26}{space 2} .7987852{col 37}{space 1}   -0.27{col 46}{space 3}0.792{col 54}{space 4}-1.818875{col 67}{space 3} 1.395022
{txt}govforepower {c |}{col 14}{res}{space 2} 1.583041{col 26}{space 2} 1.283396{col 37}{space 1}    1.23{col 46}{space 3}0.224{col 54}{space 4}-.9988195{col 67}{space 3} 4.164901
{txt}govbudfull~p {c |}{col 14}{res}{space 2} 2.943496{col 26}{space 2} 1.092937{col 37}{space 1}    2.69{col 46}{space 3}0.010{col 54}{space 4} .7447909{col 67}{space 3}   5.1422
{txt}bindingfor~t {c |}{col 14}{res}{space 2} 3.803489{col 26}{space 2}  1.61042{col 37}{space 1}    2.36{col 46}{space 3}0.022{col 54}{space 4}  .563742{col 67}{space 3} 7.043235
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .5174392{col 26}{space 2} .5173284{col 37}{space 1}    1.00{col 46}{space 3}0.322{col 54}{space 4}-.5232914{col 67}{space 3}  1.55817
{txt}{space 1}govelection {c |}{col 14}{res}{space 2} .1493358{col 26}{space 2} .2918548{col 37}{space 1}    0.51{col 46}{space 3}0.611{col 54}{space 4}-.4378004{col 67}{space 3} .7364719
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2}-.7601307{col 26}{space 2} 1.091207{col 37}{space 1}   -0.70{col 46}{space 3}0.489{col 54}{space 4}-2.955357{col 67}{space 3} 1.435095
{txt}balbudrest~n {c |}{col 14}{res}{space 2}-2.052252{col 26}{space 2} 1.620615{col 37}{space 1}   -1.27{col 46}{space 3}0.212{col 54}{space 4}-5.312508{col 67}{space 3} 1.208005
{txt}citizenide~y {c |}{col 14}{res}{space 2} .0019845{col 26}{space 2} .0283391{col 37}{space 1}    0.07{col 46}{space 3}0.944{col 54}{space 4}-.0550264{col 67}{space 3} .0589955
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2}   1.2532{col 26}{space 2} .6479354{col 37}{space 1}    1.93{col 46}{space 3}0.059{col 54}{space 4}-.0502775{col 67}{space 3} 2.556678
{txt}vetooverri~y {c |}{col 14}{res}{space 2} .5482028{col 26}{space 2} .8298236{col 37}{space 1}    0.66{col 46}{space 3}0.512{col 54}{space 4}-1.121187{col 67}{space 3} 2.217592
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .6764955{col 26}{space 2} 1.323748{col 37}{space 1}    0.51{col 46}{space 3}0.612{col 54}{space 4}-1.986542{col 67}{space 3} 3.339533
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-2.529398{col 26}{space 2} 3.831667{col 37}{space 1}   -0.66{col 46}{space 3}0.512{col 54}{space 4}-10.23772{col 67}{space 3} 5.178922
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 3.2550232
{txt}     sigma_e {c |} {res} 3.7646602
{txt}         rho {c |} {res} .42777953{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17}  527{col 25}-1435.797{col 37}    -1410{col 48}   18{col 57} 2855.999{col 69} 2932.809
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test govbudfull = govforepower

{p 0 7}{space 1}{text:( 1)}{space 1} {res}govbudfull - govforepower = 0{p_end}

{txt}       F(  1,    47) ={res}    2.58
{txt}{col 13}Prob > F ={res}    0.1146
{txt}
{com}. 
. *
. *
. *
. 
. 
. 
. 
. 
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. *************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
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. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
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. 
. 
. 
. 
. *** DISAGGREGATED BY PARTISAN (DEMOCRATIC OR REPUBLICAN) GOVERNORS - EXCLUDING THIRD PARTY/INDEPENDENT GOVERNORS) [SUPPLEMENTARY TABLE SA-5] ***
. 
. 
. tabulate ecpartial if govparty==1 | govparty==-1 & xtregfull!=.

  {txt}ecpartial {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        359       32.88       32.88
{txt}          1 {c |}{res}        733       67.12      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,092      100.00
{txt}
{com}. *
. *
. tabulate ecfull if govparty==1 | govparty==-1 & xtregfull!=.

     {txt}ecfull {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        932       85.35       85.35
{txt}          1 {c |}{res}        160       14.65      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,092      100.00
{txt}
{com}. *
. *
. tabulate govbudfull if govparty==1 | govparty==-1 & xtregfull!=.

 {txt}govbudfull {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        242       22.16       22.16
{txt}          1 {c |}{res}        850       77.84      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,092      100.00
{txt}
{com}. *
. *
. tabulate govforepower if govparty==1 | govparty==-1 & xtregfull!=.

{txt}govforepowe {c |}
          r {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        889       81.41       81.41
{txt}          1 {c |}{res}        203       18.59      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,092      100.00
{txt}
{com}. *
. *
. tabulate govbudfullgfp if govparty==1 | govparty==-1 & xtregfull!=.

{txt}govbudfullg {c |}
         fp {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        932       85.35       85.35
{txt}          1 {c |}{res}        160       14.65      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,092      100.00
{txt}
{com}. 
. 
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
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. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. ********* VIII.A  AGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE SA-5 - MODEL 1 (ECPARTIAL, ECFULL: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY FOR DEMOCRATIC AND REPUBLICAN GOVERNORS ONLY) **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  ecpartial ecfull bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto if govparty==1 | govparty==-1, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}     1030
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       50

{txt}R-sq:  within  = {res}0.1068                         {txt}Obs per group: min = {res}       13
{txt}       between = {res}0.0547                                        {txt}avg = {res}     20.6
{txt}       overall = {res}0.0354                                        {txt}max = {res}       21

{col 49}{help j_robustsingular##|_new:F(19,49)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.8359                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:50} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .2153199{col 26}{space 2} .0970039{col 37}{space 1}    2.22{col 46}{space 3}0.031{col 54}{space 4} .0203832{col 67}{space 3} .4102565
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0534836{col 26}{space 2} .0127092{col 37}{space 1}    4.21{col 46}{space 3}0.000{col 54}{space 4} .0279435{col 67}{space 3} .0790237
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.7147968{col 26}{space 2} .1447739{col 37}{space 1}   -4.94{col 46}{space 3}0.000{col 54}{space 4}-1.005731{col 67}{space 3}-.4238626
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2} -1.10315{col 26}{space 2} .6730469{col 37}{space 1}   -1.64{col 46}{space 3}0.108{col 54}{space 4}-2.455688{col 67}{space 3} .2493882
{txt}{space 4}govparty {c |}{col 14}{res}{space 2} .2683023{col 26}{space 2} .1801976{col 37}{space 1}    1.49{col 46}{space 3}0.143{col 54}{space 4}-.0938183{col 67}{space 3} .6304229
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 16.95294{col 26}{space 2} 6.829919{col 37}{space 1}    2.48{col 46}{space 3}0.017{col 54}{space 4} 3.227708{col 67}{space 3} 30.67818
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.2864245{col 26}{space 2} .1317216{col 37}{space 1}   -2.17{col 46}{space 3}0.035{col 54}{space 4}-.5511289{col 67}{space 3}-.0217201
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000343{col 26}{space 2} .0000193{col 37}{space 1}    1.78{col 46}{space 3}0.082{col 54}{space 4}-4.49e-06{col 67}{space 3} .0000732
{txt}pctscorefi~d {c |}{col 14}{res}{space 2} -3.13018{col 26}{space 2} 1.950248{col 37}{space 1}   -1.61{col 46}{space 3}0.115{col 54}{space 4}-7.049349{col 67}{space 3} .7889895
{txt}{space 3}ecpartial {c |}{col 14}{res}{space 2} 1.127328{col 26}{space 2} .4569876{col 37}{space 1}    2.47{col 46}{space 3}0.017{col 54}{space 4} .2089768{col 67}{space 3} 2.045679
{txt}{space 6}ecfull {c |}{col 14}{res}{space 2} 1.307983{col 26}{space 2} 1.226183{col 37}{space 1}    1.07{col 46}{space 3}0.291{col 54}{space 4}-1.156124{col 67}{space 3}  3.77209
{txt}bindingfor~t {c |}{col 14}{res}{space 2}-.3643492{col 26}{space 2} .7164835{col 37}{space 1}   -0.51{col 46}{space 3}0.613{col 54}{space 4}-1.804177{col 67}{space 3} 1.075478
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .6629558{col 26}{space 2} .3518148{col 37}{space 1}    1.88{col 46}{space 3}0.065{col 54}{space 4}-.0440425{col 67}{space 3} 1.369954
{txt}{space 1}govelection {c |}{col 14}{res}{space 2}-.1455187{col 26}{space 2} .2897259{col 37}{space 1}   -0.50{col 46}{space 3}0.618{col 54}{space 4}-.7277447{col 67}{space 3} .4367073
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2}-.2271494{col 26}{space 2} .3365295{col 37}{space 1}   -0.67{col 46}{space 3}0.503{col 54}{space 4}-.9034307{col 67}{space 3}  .449132
{txt}balbudrest~n {c |}{col 14}{res}{space 2}-2.625725{col 26}{space 2} .6828642{col 37}{space 1}   -3.85{col 46}{space 3}0.000{col 54}{space 4}-3.997992{col 67}{space 3}-1.253458
{txt}citizenide~y {c |}{col 14}{res}{space 2} .0019552{col 26}{space 2} .0213172{col 37}{space 1}    0.09{col 46}{space 3}0.927{col 54}{space 4}-.0408834{col 67}{space 3} .0447937
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} .5115262{col 26}{space 2} .3098906{col 37}{space 1}    1.65{col 46}{space 3}0.105{col 54}{space 4}-.1112223{col 67}{space 3} 1.134275
{txt}vetooverri~y {c |}{col 14}{res}{space 2}-.4643273{col 26}{space 2} .3308474{col 37}{space 1}   -1.40{col 46}{space 3}0.167{col 54}{space 4} -1.12919{col 67}{space 3} .2005354
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .6839316{col 26}{space 2} .7628496{col 37}{space 1}    0.90{col 46}{space 3}0.374{col 54}{space 4}-.8490721{col 67}{space 3} 2.216935
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .0635395{col 26}{space 2} 2.179439{col 37}{space 1}    0.03{col 46}{space 3}0.977{col 54}{space 4}-4.316208{col 67}{space 3} 4.443287
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.5683239
{txt}     sigma_e {c |} {res} 4.4726821
{txt}         rho {c |} {res}  .2479698{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17} 1030{col 25}-3026.383{col 37}-2968.188{col 48}   19{col 57} 5974.377{col 69} 6068.186
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test ecpartial = ecfull

{p 0 7}{space 1}{text:( 1)}{space 1} {res}ecpartial - ecfull = 0{p_end}

{txt}       F(  1,    49) ={res}    0.03
{txt}{col 13}Prob > F ={res}    0.8737
{txt}
{com}. 
. *
. *
. *
. *
. *
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. 
. ********* VIII.B  DISAGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE SA-5 - MODEL 2 (GOVBUDFULL, GOVFOREPOWER, GOVBUDFULLGFP: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY FOR DEMOCRATIC AND REPUBLICAN GOVERNORS ONLY)  **************
. 
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_   pctscorefixed  govbudfull govforepower govbudfullgfp bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto if govparty==1 | govparty==-1, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}     1030
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       50

{txt}R-sq:  within  = {res}0.1071                         {txt}Obs per group: min = {res}       13
{txt}       between = {res}0.0579                                        {txt}avg = {res}     20.6
{txt}       overall = {res}0.0363                                        {txt}max = {res}       21

{col 49}{help j_robustsingular##|_new:F(20,49)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.8330                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:50} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .2137065{col 26}{space 2} .0961966{col 37}{space 1}    2.22{col 46}{space 3}0.031{col 54}{space 4} .0203922{col 67}{space 3} .4070207
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0536062{col 26}{space 2} .0127173{col 37}{space 1}    4.22{col 46}{space 3}0.000{col 54}{space 4} .0280498{col 67}{space 3} .0791626
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.7223188{col 26}{space 2} .1433451{col 37}{space 1}   -5.04{col 46}{space 3}0.000{col 54}{space 4}-1.010382{col 67}{space 3} -.434256
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2}-1.131165{col 26}{space 2} .6848059{col 37}{space 1}   -1.65{col 46}{space 3}0.105{col 54}{space 4}-2.507334{col 67}{space 3} .2450036
{txt}{space 4}govparty {c |}{col 14}{res}{space 2} .2678331{col 26}{space 2} .1804368{col 37}{space 1}    1.48{col 46}{space 3}0.144{col 54}{space 4}-.0947682{col 67}{space 3} .6304344
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 17.00333{col 26}{space 2} 6.798167{col 37}{space 1}    2.50{col 46}{space 3}0.016{col 54}{space 4} 3.341901{col 67}{space 3} 30.66476
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.2877264{col 26}{space 2} .1320421{col 37}{space 1}   -2.18{col 46}{space 3}0.034{col 54}{space 4}-.5530749{col 67}{space 3}-.0223779
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000338{col 26}{space 2} .0000194{col 37}{space 1}    1.75{col 46}{space 3}0.087{col 54}{space 4}-5.12e-06{col 67}{space 3} .0000728
{txt}pctscorefi~d {c |}{col 14}{res}{space 2}-3.034044{col 26}{space 2} 1.971108{col 37}{space 1}   -1.54{col 46}{space 3}0.130{col 54}{space 4}-6.995133{col 67}{space 3} .9270447
{txt}{space 2}govbudfull {c |}{col 14}{res}{space 2} 1.065625{col 26}{space 2} .4803119{col 37}{space 1}    2.22{col 46}{space 3}0.031{col 54}{space 4} .1004018{col 67}{space 3} 2.030848
{txt}govforepower {c |}{col 14}{res}{space 2} 1.719292{col 26}{space 2} 1.331773{col 37}{space 1}    1.29{col 46}{space 3}0.203{col 54}{space 4}-.9570061{col 67}{space 3} 4.395589
{txt}govbudfull~p {c |}{col 14}{res}{space 2}-1.067931{col 26}{space 2} 1.325276{col 37}{space 1}   -0.81{col 46}{space 3}0.424{col 54}{space 4}-3.731173{col 67}{space 3} 1.595311
{txt}bindingfor~t {c |}{col 14}{res}{space 2}-.1894309{col 26}{space 2}  .681479{col 37}{space 1}   -0.28{col 46}{space 3}0.782{col 54}{space 4}-1.558914{col 67}{space 3} 1.180052
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .6500827{col 26}{space 2} .3569644{col 37}{space 1}    1.82{col 46}{space 3}0.075{col 54}{space 4} -.067264{col 67}{space 3}  1.36743
{txt}{space 1}govelection {c |}{col 14}{res}{space 2}-.1475133{col 26}{space 2} .2896096{col 37}{space 1}   -0.51{col 46}{space 3}0.613{col 54}{space 4}-.7295056{col 67}{space 3}  .434479
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2}-.2129588{col 26}{space 2} .3423559{col 37}{space 1}   -0.62{col 46}{space 3}0.537{col 54}{space 4}-.9009487{col 67}{space 3} .4750311
{txt}balbudrest~n {c |}{col 14}{res}{space 2} -2.61429{col 26}{space 2} .6832969{col 37}{space 1}   -3.83{col 46}{space 3}0.000{col 54}{space 4}-3.987427{col 67}{space 3}-1.241154
{txt}citizenide~y {c |}{col 14}{res}{space 2} .0002987{col 26}{space 2} .0217166{col 37}{space 1}    0.01{col 46}{space 3}0.989{col 54}{space 4}-.0433424{col 67}{space 3} .0439398
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} .5127748{col 26}{space 2} .3097624{col 37}{space 1}    1.66{col 46}{space 3}0.104{col 54}{space 4} -.109716{col 67}{space 3} 1.135266
{txt}vetooverri~y {c |}{col 14}{res}{space 2}-.4400848{col 26}{space 2} .3409867{col 37}{space 1}   -1.29{col 46}{space 3}0.203{col 54}{space 4}-1.125323{col 67}{space 3} .2451537
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .7051623{col 26}{space 2} .7592418{col 37}{space 1}    0.93{col 46}{space 3}0.358{col 54}{space 4}-.8205912{col 67}{space 3} 2.230916
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.0356427{col 26}{space 2}  2.23143{col 37}{space 1}   -0.02{col 46}{space 3}0.987{col 54}{space 4}-4.519868{col 67}{space 3} 4.448583
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.5394983
{txt}     sigma_e {c |} {res}  4.474437
{txt}         rho {c |} {res} .24363958{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17} 1030{col 25}-3026.383{col 37}-2968.056{col 48}   20{col 57} 5976.112{col 69} 6074.858
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. test govbudfull = govforepower

{p 0 7}{space 1}{text:( 1)}{space 1} {res}govbudfull - govforepower = 0{p_end}

{txt}       F(  1,    49) ={res}    0.23
{txt}{col 13}Prob > F ={res}    0.6354
{txt}
{com}. 
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. 
. *** ASSESSING CONDITIONAL UNILATERAL EXECUTIVE FISCAL CONTROL EFFECTS (TERM LIMITED LAME-DUCK GOVERNOR; GUBERNATORIAL ELECTION YEAR; DUAL BALANCED BUDGET RESTRICTIONS; 'CORRECTED' FISCAL TRAMSPARENCY SCORE/INDEX; DIVIDED PARTY GOVERNMENT) [SUPPLEMENTARY TABLE SA-6] ***
. 
. 
. *
. *
. *
. *
. *
. 
. tabulate ecpartiallameduck if xtregfull!=.

{txt}ecpartialla {c |}
     meduck {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        852       81.14       81.14
{txt}          1 {c |}{res}        198       18.86      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. *
. tabulate ecpartialgovelection  if xtregfull!=.

{txt}ecpartialgo {c |}
  velection {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        870       82.86       82.86
{txt}          1 {c |}{res}        180       17.14      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. *
. tabulate ecpartialbalbudrestrict  if xtregfull!=.

{txt}ecpartialba {c |}
lbudrestric {c |}
          t {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        671       63.90       63.90
{txt}          1 {c |}{res}        379       36.10      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. *
. tabulate ecpartialpctscore  if xtregfull!=.

{txt}ecpartialpc {c |}
tscorefixed {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        341       32.48       32.48
{txt}    .111111 {c |}{res}         17        1.62       34.10
{txt}    .142857 {c |}{res}          7        0.67       34.76
{txt}    .166667 {c |}{res}          1        0.10       34.86
{txt}    .222222 {c |}{res}         41        3.90       38.76
{txt}   .2222222 {c |}{res}          7        0.67       39.43
{txt}        .25 {c |}{res}         10        0.95       40.38
{txt}    .285714 {c |}{res}          1        0.10       40.48
{txt}    .333333 {c |}{res}         83        7.90       48.38
{txt}       .375 {c |}{res}         11        1.05       49.43
{txt}    .444444 {c |}{res}        133       12.67       62.10
{txt}         .5 {c |}{res}          7        0.67       62.76
{txt}    .555556 {c |}{res}        168       16.00       78.76
{txt}    .571429 {c |}{res}          8        0.76       79.52
{txt}       .625 {c |}{res}         12        1.14       80.67
{txt}    .666667 {c |}{res}         94        8.95       89.62
{txt}    .777778 {c |}{res}         74        7.05       96.67
{txt}       .875 {c |}{res}          1        0.10       96.76
{txt}    .888889 {c |}{res}         25        2.38       99.14
{txt}          1 {c |}{res}          9        0.86      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. *
. tabulate ecpartialdividedgov if xtregfull!=.

{txt}ecpartialdi {c |}
   videdgov {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        626       59.62       59.62
{txt}          1 {c |}{res}        424       40.38      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. 
. *
. *
. *
. 
. tabulate ecfulllameduck if xtregfull!=.

{txt}ecfulllamed {c |}
        uck {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}      1,009       96.10       96.10
{txt}          1 {c |}{res}         41        3.90      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. *
. tabulate ecfullgovelection  if xtregfull!=.

{txt}ecfullgovel {c |}
     ection {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}      1,013       96.48       96.48
{txt}          1 {c |}{res}         37        3.52      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. *
. tabulate ecfullbalbudrestrict  if xtregfull!=.

{txt}ecfullbalbu {c |}
  drestrict {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        946       90.10       90.10
{txt}          1 {c |}{res}        104        9.90      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. *
. tabulate ecfullpctscore  if xtregfull!=.

{txt}ecfullpctsc {c |}
   orefixed {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        897       85.43       85.43
{txt}    .111111 {c |}{res}         18        1.71       87.14
{txt}    .222222 {c |}{res}          1        0.10       87.24
{txt}        .25 {c |}{res}         10        0.95       88.19
{txt}    .333333 {c |}{res}         59        5.62       93.81
{txt}    .444444 {c |}{res}         16        1.52       95.33
{txt}    .555556 {c |}{res}         11        1.05       96.38
{txt}    .666667 {c |}{res}         20        1.90       98.29
{txt}        .75 {c |}{res}          7        0.67       98.95
{txt}    .777778 {c |}{res}          6        0.57       99.52
{txt}       .875 {c |}{res}          4        0.38       99.90
{txt}    .888889 {c |}{res}          1        0.10      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. *
. tabulate ecfulldividedgov if xtregfull!=.

{txt}ecfulldivid {c |}
      edgov {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          0 {c |}{res}        971       92.48       92.48
{txt}          1 {c |}{res}         79        7.52      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      1,050      100.00
{txt}
{com}. 
. *
. *
. *
. *
. *
. *
. *
. *
. *
. *
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. ********* IX.A  AGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE SA-6 - MODEL 1 (ECPARTIAL, ECFULL: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY --- CONDITIONAL ON VARIOUS RELEVANT EFFECTS)  **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_  pctscorefixed  ecpartial ecfull bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto ecpartiallameduck ecpartialgovelection ecpartialbalbudrestrict ecpartialpctscorefixed ecpartialdividedgov ecfulllameduck ecfullgovelection ecfullbalbudrestrict ecfullpctscorefixed ecfulldividedgov, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}     1050
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       50

{txt}R-sq:  within  = {res}0.1137                         {txt}Obs per group: min = {res}       21
{txt}       between = {res}0.0402                                        {txt}avg = {res}     21.0
{txt}       overall = {res}0.0406                                        {txt}max = {res}       21

{col 49}{help j_robustsingular##|_new:F(29,49)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.8151                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:50} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .2161493{col 26}{space 2} .0942674{col 37}{space 1}    2.29{col 46}{space 3}0.026{col 54}{space 4} .0267119{col 67}{space 3} .4055867
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}  .051726{col 26}{space 2} .0118423{col 37}{space 1}    4.37{col 46}{space 3}0.000{col 54}{space 4} .0279281{col 67}{space 3}  .075524
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} -.745359{col 26}{space 2} .1285104{col 37}{space 1}   -5.80{col 46}{space 3}0.000{col 54}{space 4} -1.00361{col 67}{space 3}-.4871077
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2}-.9986625{col 26}{space 2} .6490015{col 37}{space 1}   -1.54{col 46}{space 3}0.130{col 54}{space 4} -2.30288{col 67}{space 3} .3055547
{txt}{space 4}govparty {c |}{col 14}{res}{space 2} .3014271{col 26}{space 2} .1778947{col 37}{space 1}    1.69{col 46}{space 3}0.097{col 54}{space 4}-.0560658{col 67}{space 3} .6589199
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 15.37164{col 26}{space 2} 6.389382{col 37}{space 1}    2.41{col 46}{space 3}0.020{col 54}{space 4} 2.531694{col 67}{space 3} 28.21158
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.3029485{col 26}{space 2} .1331141{col 37}{space 1}   -2.28{col 46}{space 3}0.027{col 54}{space 4}-.5704513{col 67}{space 3}-.0354458
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000325{col 26}{space 2} .0000191{col 37}{space 1}    1.71{col 46}{space 3}0.094{col 54}{space 4}-5.79e-06{col 67}{space 3} .0000709
{txt}pctscorefi~d {c |}{col 14}{res}{space 2}-.9415258{col 26}{space 2} 1.831688{col 37}{space 1}   -0.51{col 46}{space 3}0.610{col 54}{space 4}-4.622441{col 67}{space 3}  2.73939
{txt}{space 3}ecpartial {c |}{col 14}{res}{space 2} 3.099267{col 26}{space 2} 1.111451{col 37}{space 1}    2.79{col 46}{space 3}0.008{col 54}{space 4} .8657217{col 67}{space 3} 5.332812
{txt}{space 6}ecfull {c |}{col 14}{res}{space 2} 7.377244{col 26}{space 2} 3.501984{col 37}{space 1}    2.11{col 46}{space 3}0.040{col 54}{space 4} .3397434{col 67}{space 3} 14.41474
{txt}bindingfor~t {c |}{col 14}{res}{space 2}-.2015115{col 26}{space 2} .7048195{col 37}{space 1}   -0.29{col 46}{space 3}0.776{col 54}{space 4}-1.617899{col 67}{space 3} 1.214876
{txt}termlimlam~k {c |}{col 14}{res}{space 2} .0580025{col 26}{space 2} .5201468{col 37}{space 1}    0.11{col 46}{space 3}0.912{col 54}{space 4}-.9872717{col 67}{space 3} 1.103277
{txt}{space 1}govelection {c |}{col 14}{res}{space 2} .5214482{col 26}{space 2} .7795971{col 37}{space 1}    0.67{col 46}{space 3}0.507{col 54}{space 4}-1.045211{col 67}{space 3} 2.088107
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2} .2996084{col 26}{space 2}  .813882{col 37}{space 1}    0.37{col 46}{space 3}0.714{col 54}{space 4}-1.335949{col 67}{space 3} 1.935166
{txt}balbudrest~n {c |}{col 14}{res}{space 2}-2.138517{col 26}{space 2} .8512739{col 37}{space 1}   -2.51{col 46}{space 3}0.015{col 54}{space 4}-3.849216{col 67}{space 3}-.4278181
{txt}citizenide~y {c |}{col 14}{res}{space 2}-.0015439{col 26}{space 2} .0223052{col 37}{space 1}   -0.07{col 46}{space 3}0.945{col 54}{space 4}-.0463679{col 67}{space 3} .0432802
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} .3526397{col 26}{space 2} .2839836{col 37}{space 1}    1.24{col 46}{space 3}0.220{col 54}{space 4}-.2180467{col 67}{space 3} .9233261
{txt}vetooverri~y {c |}{col 14}{res}{space 2}-.3976065{col 26}{space 2} .3501657{col 37}{space 1}   -1.14{col 46}{space 3}0.262{col 54}{space 4}-1.101291{col 67}{space 3} .3060777
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2} .4378248{col 26}{space 2} .8500171{col 37}{space 1}    0.52{col 46}{space 3}0.609{col 54}{space 4}-1.270349{col 67}{space 3} 2.145998
{txt}ecpartiall~k {c |}{col 14}{res}{space 2} .4987505{col 26}{space 2} .5840286{col 37}{space 1}    0.85{col 46}{space 3}0.397{col 54}{space 4} -.674899{col 67}{space 3}   1.6724
{txt}ecpartialg~n {c |}{col 14}{res}{space 2}    -.758{col 26}{space 2}  .856884{col 37}{space 1}   -0.88{col 46}{space 3}0.381{col 54}{space 4}-2.479973{col 67}{space 3}  .963973
{txt}ecpartialb~t {c |}{col 14}{res}{space 2}-.4046534{col 26}{space 2} .8344298{col 37}{space 1}   -0.48{col 46}{space 3}0.630{col 54}{space 4}-2.081503{col 67}{space 3} 1.272196
{txt}ecpartialp~d {c |}{col 14}{res}{space 2} -1.96892{col 26}{space 2} 1.728972{col 37}{space 1}   -1.14{col 46}{space 3}0.260{col 54}{space 4}-5.443418{col 67}{space 3} 1.505579
{txt}ecpartiald~v {c |}{col 14}{res}{space 2}-.5965221{col 26}{space 2} .8398781{col 37}{space 1}   -0.71{col 46}{space 3}0.481{col 54}{space 4} -2.28432{col 67}{space 3} 1.091276
{txt}ecfulllame~k {c |}{col 14}{res}{space 2} 2.864778{col 26}{space 2} .9543794{col 37}{space 1}    3.00{col 46}{space 3}0.004{col 54}{space 4} .9468811{col 67}{space 3} 4.782675
{txt}ecfullgove~n {c |}{col 14}{res}{space 2} -1.05546{col 26}{space 2} .9439986{col 37}{space 1}   -1.12{col 46}{space 3}0.269{col 54}{space 4}-2.952496{col 67}{space 3} .8415763
{txt}ecfullbalb~t {c |}{col 14}{res}{space 2}-2.249396{col 26}{space 2} 2.970113{col 37}{space 1}   -0.76{col 46}{space 3}0.452{col 54}{space 4}-8.218062{col 67}{space 3}  3.71927
{txt}ecfullpcts~d {c |}{col 14}{res}{space 2}-8.866191{col 26}{space 2} 2.851268{col 37}{space 1}   -3.11{col 46}{space 3}0.003{col 54}{space 4}-14.59603{col 67}{space 3}-3.136353
{txt}ecfulldivi~v {c |}{col 14}{res}{space 2} -.281123{col 26}{space 2} 1.074143{col 37}{space 1}   -0.26{col 46}{space 3}0.795{col 54}{space 4}-2.439694{col 67}{space 3} 1.877448
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-1.249353{col 26}{space 2} 2.173442{col 37}{space 1}   -0.57{col 46}{space 3}0.568{col 54}{space 4}-5.617049{col 67}{space 3} 3.118342
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.4608617
{txt}     sigma_e {c |} {res} 4.4570468
{txt}         rho {c |} {res} .23362584{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17} 1050{col 25}-3080.846{col 37} -3017.49{col 48}   29{col 57} 6092.981{col 69}  6236.72
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

{com}. 
. *
. 
. *
. *
. *
. *
. *
. *
. *
. *
. 
. 
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ***************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. ********* IX.B  AGGREGATE ANALYSIS OF EXECUTIVE CAPACITY: TABLE SA-6 - MODEL 2 (ECPARTIAL, ECFULL: GOVERNOR HAS FULL AUTHORITY IN BUDGET PREPARATION AND/OR OFFICIAL REVENUE FORECAST AUTHORITY --- CONDITIONAL ON VARIOUS RELEVANT EFFECTS)  **************
. 
. 
. *** SET TIME SERIES - CROSS SECTION IDENTIFER ***
.  
.  
. tsset state_code fiscal_year, yearly
{res}{txt}{col 8}panel variable:  {res}state_code (strongly balanced)
{txt}{col 9}time variable:  {res}{col 25}fiscal_year, 1987 to 2009
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. xtreg  pctchrealpcgenexpend l1.pctchrealpercapincome l1.pctchrealpercapfedaid  l1.statenatdiffuerate  bienniel govparty pctsalestaxrev  econgrowthvolatility  real_leg__salary__avg_  pctscorefixed  ecpartial ecfull bindingforecast termlimlameduck govelection  dividedgov balbudrestriction citizenideology legpartisan vetooverridemajority govitemveto ecpartiallameduck ecpartialgovelection ecpartialbalbudrestrict ecpartialpctscorefixed ecpartialdividedgov ecfulllameduck ecfullgovelection ecfullbalbudrestrict ecfullpctscorefixed ecfulldividedgov if pctchrealpcgenexpend>=-8.247863 & pctchrealpcgenexpend<=14.71839, fe cluster(state_code)

{txt}Fixed-effects (within) regression               Number of obs      = {res}     1030
{txt}Group variable: {res}state_code                      {txt}Number of groups   = {res}       50

{txt}R-sq:  within  = {res}0.1314                         {txt}Obs per group: min = {res}       19
{txt}       between = {res}0.0340                                        {txt}avg = {res}     20.6
{txt}       overall = {res}0.0495                                        {txt}max = {res}       21

{col 49}{help j_robustsingular##|_new:F(29,49)}{col 68}{txt}={col 70}{res}        .
{txt}corr(u_i, Xb)  = {res}-0.7931                        {txt}Prob > F           =    {res}     .

{txt}{ralign 78:(Std. Err. adjusted for {res:50} clusters in state_code)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}pctchrealpc~{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
pctchrealp~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}  .274328{col 26}{space 2} .0782221{col 37}{space 1}    3.51{col 46}{space 3}0.001{col 54}{space 4} .1171348{col 67}{space 3} .4315212
{txt}{space 12} {c |}
pctchreal~id {c |}
{space 9}L1. {c |}{col 14}{res}{space 2} .0473015{col 26}{space 2} .0102028{col 37}{space 1}    4.64{col 46}{space 3}0.000{col 54}{space 4} .0267982{col 67}{space 3} .0678047
{txt}{space 12} {c |}
statenatdi~e {c |}
{space 9}L1. {c |}{col 14}{res}{space 2}-.6135386{col 26}{space 2} .1209671{col 37}{space 1}   -5.07{col 46}{space 3}0.000{col 54}{space 4}-.8566311{col 67}{space 3} -.370446
{txt}{space 12} {c |}
{space 4}bienniel {c |}{col 14}{res}{space 2}-.8581787{col 26}{space 2} .6112771{col 37}{space 1}   -1.40{col 46}{space 3}0.167{col 54}{space 4}-2.086586{col 67}{space 3} .3702286
{txt}{space 4}govparty {c |}{col 14}{res}{space 2} .2746144{col 26}{space 2}  .147542{col 37}{space 1}    1.86{col 46}{space 3}0.069{col 54}{space 4}-.0218823{col 67}{space 3} .5711112
{txt}pctsalesta~v {c |}{col 14}{res}{space 2} 13.22773{col 26}{space 2} 5.471708{col 37}{space 1}    2.42{col 46}{space 3}0.019{col 54}{space 4} 2.231922{col 67}{space 3} 24.22354
{txt}econgrowth~y {c |}{col 14}{res}{space 2}-.2912697{col 26}{space 2} .1137264{col 37}{space 1}   -2.56{col 46}{space 3}0.014{col 54}{space 4}-.5198115{col 67}{space 3}-.0627279
{txt}real_leg__~_ {c |}{col 14}{res}{space 2} .0000259{col 26}{space 2} .0000219{col 37}{space 1}    1.19{col 46}{space 3}0.241{col 54}{space 4} -.000018{col 67}{space 3} .0000698
{txt}pctscorefi~d {c |}{col 14}{res}{space 2} .1550578{col 26}{space 2} 1.648458{col 37}{space 1}    0.09{col 46}{space 3}0.925{col 54}{space 4}-3.157643{col 67}{space 3} 3.467759
{txt}{space 3}ecpartial {c |}{col 14}{res}{space 2} 2.893463{col 26}{space 2} 1.068023{col 37}{space 1}    2.71{col 46}{space 3}0.009{col 54}{space 4} .7471898{col 67}{space 3} 5.039736
{txt}{space 6}ecfull {c |}{col 14}{res}{space 2} 6.781271{col 26}{space 2}   2.7624{col 37}{space 1}    2.45{col 46}{space 3}0.018{col 54}{space 4} 1.230021{col 67}{space 3} 12.33252
{txt}bindingfor~t {c |}{col 14}{res}{space 2} -.021185{col 26}{space 2} .6660056{col 37}{space 1}   -0.03{col 46}{space 3}0.975{col 54}{space 4}-1.359573{col 67}{space 3} 1.317203
{txt}termlimlam~k {c |}{col 14}{res}{space 2}-.1276132{col 26}{space 2} .5888265{col 37}{space 1}   -0.22{col 46}{space 3}0.829{col 54}{space 4}-1.310904{col 67}{space 3} 1.055678
{txt}{space 1}govelection {c |}{col 14}{res}{space 2} .3265711{col 26}{space 2} .8082703{col 37}{space 1}    0.40{col 46}{space 3}0.688{col 54}{space 4}-1.297709{col 67}{space 3} 1.950851
{txt}{space 2}dividedgov {c |}{col 14}{res}{space 2} .1388698{col 26}{space 2} .8025886{col 37}{space 1}    0.17{col 46}{space 3}0.863{col 54}{space 4}-1.473992{col 67}{space 3} 1.751732
{txt}balbudrest~n {c |}{col 14}{res}{space 2}-1.895651{col 26}{space 2} .8088644{col 37}{space 1}   -2.34{col 46}{space 3}0.023{col 54}{space 4}-3.521125{col 67}{space 3}-.2701771
{txt}citizenide~y {c |}{col 14}{res}{space 2}-.0115332{col 26}{space 2}  .019084{col 37}{space 1}   -0.60{col 46}{space 3}0.548{col 54}{space 4}-.0498839{col 67}{space 3} .0268175
{txt}{space 1}legpartisan {c |}{col 14}{res}{space 2} .4566513{col 26}{space 2} .2408707{col 37}{space 1}    1.90{col 46}{space 3}0.064{col 54}{space 4}-.0273964{col 67}{space 3} .9406991
{txt}vetooverri~y {c |}{col 14}{res}{space 2}-.5023126{col 26}{space 2} .4187184{col 37}{space 1}   -1.20{col 46}{space 3}0.236{col 54}{space 4}-1.343759{col 67}{space 3} .3391335
{txt}{space 1}govitemveto {c |}{col 14}{res}{space 2}-.0763275{col 26}{space 2} .6958444{col 37}{space 1}   -0.11{col 46}{space 3}0.913{col 54}{space 4}-1.474679{col 67}{space 3} 1.322024
{txt}ecpartiall~k {c |}{col 14}{res}{space 2} .1873729{col 26}{space 2}  .657725{col 37}{space 1}    0.28{col 46}{space 3}0.777{col 54}{space 4}-1.134375{col 67}{space 3} 1.509121
{txt}ecpartialg~n {c |}{col 14}{res}{space 2}-.6432639{col 26}{space 2}   .83828{col 37}{space 1}   -0.77{col 46}{space 3}0.447{col 54}{space 4}-2.327851{col 67}{space 3} 1.041323
{txt}ecpartialb~t {c |}{col 14}{res}{space 2}-.4467993{col 26}{space 2} .6709863{col 37}{space 1}   -0.67{col 46}{space 3}0.509{col 54}{space 4}-1.795197{col 67}{space 3} .9015983
{txt}ecpartialp~d {c |}{col 14}{res}{space 2} -2.30982{col 26}{space 2}   1.6495{col 37}{space 1}   -1.40{col 46}{space 3}0.168{col 54}{space 4}-5.624614{col 67}{space 3} 1.004974
{txt}ecpartiald~v {c |}{col 14}{res}{space 2}-.4491158{col 26}{space 2} .8271051{col 37}{space 1}   -0.54{col 46}{space 3}0.590{col 54}{space 4}-2.111246{col 67}{space 3} 1.213014
{txt}ecfulllame~k {c |}{col 14}{res}{space 2} 2.252067{col 26}{space 2} 1.345383{col 37}{space 1}    1.67{col 46}{space 3}0.101{col 54}{space 4}-.4515816{col 67}{space 3} 4.955716
{txt}ecfullgove~n {c |}{col 14}{res}{space 2}-.0523383{col 26}{space 2} .8870253{col 37}{space 1}   -0.06{col 46}{space 3}0.953{col 54}{space 4}-1.834882{col 67}{space 3} 1.730206
{txt}ecfullbalb~t {c |}{col 14}{res}{space 2}-2.682361{col 26}{space 2} 2.001368{col 37}{space 1}   -1.34{col 46}{space 3}0.186{col 54}{space 4}-6.704261{col 67}{space 3} 1.339538
{txt}ecfullpcts~d {c |}{col 14}{res}{space 2}-7.364605{col 26}{space 2}  2.46118{col 37}{space 1}   -2.99{col 46}{space 3}0.004{col 54}{space 4}-12.31053{col 67}{space 3}-2.418679
{txt}ecfulldivi~v {c |}{col 14}{res}{space 2}-.3315742{col 26}{space 2} 1.016333{col 37}{space 1}   -0.33{col 46}{space 3}0.746{col 54}{space 4}-2.373972{col 67}{space 3} 1.710823
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.1233353{col 26}{space 2} 1.766779{col 37}{space 1}   -0.07{col 46}{space 3}0.945{col 54}{space 4} -3.67381{col 67}{space 3} 3.427139
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} 2.1784395
{txt}     sigma_e {c |} {res} 3.8135341
{txt}         rho {c |} {res} .24603075{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}. 
. estat ic 

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}    Obs    ll(null)   ll(model)     df          AIC         BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 17} 1030{col 25}-2871.139{col 37}-2798.581{col 48}   29{col 57} 5655.162{col 69} 5798.344
{txt}{hline 13}{c BT}{hline 63}
{p 15 22 2}
Note:  N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}
{p_end}

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      {txt}name:  {res}<unnamed>
       {txt}log:  {res}K:\Melusky\concentrated powers.05-16-11.JOP.smcl
  {txt}log type:  {res}smcl
 {txt}closed on:  {res}18 May 2011, 12:15:18
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